Fiscal year close

Hi all,
after depreciation run in AFAB, the log showing with red colour and listed some assets. the message no is given AAPO504.
when went for aw01n of listed asset, the system is giving error message "Fiscal year 2004 is already closed in Financial Accounting".
where i open this year? and now the fiscal year is 2007, not 2004. why the system asking previous year? and what is the solution or t.code for this?
Thanks,
Soma

Hi,
yes there is no problem if you have the AA opened.
But I would also start the AJAB. And if there are any changes to do I would re-open it.
Reason: If you do any changes in the AA master data (like changes of the depreciation key) with the result that the despreciation will be recalculated; you will have the problem that the system will calculate them starting last year; therefore you will get some posting for the last year which you don't want.
Therefore I would change the AA-year.
Best regards
Volker

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Depreciation Run - Fiscal Year Close

Hi,
We have the following scenario. The implementation was done with effect from 01 Jan 2008 and the Fixed Assets Data migration (Acquisition Value and the Accumulated Depreciation) was done on 31.12.2007. There after while we carry out the Depreciation Run for the month of Jan'08, during the Test Run, the system provides the error message - "Close the Previous Fiscal Year before carrying out the Depreciation Run". When we try to close the fiscal year 2007, the system gives the message - "No need to close the previous fiscal year 2007". Thus we are neither able to close the previous fiscal year nor are we able to carry out the Depreciation Run. Could any one advise as to what could be the problem and how can we proceed further ?
Thanks in advance.
Best Regards,

Hi Sonali,
Thanks for the feedback. Tried to close the fiscal year using the T Code AJRW. Even after this the Depreciation Run gives the error message - You can only post in new year after closing the previous year. And when we try to close the fiscal year using the T Code AJAB, the system gives the message - No year-end close is necessary for company code 0073. The first fiscal year in our case is 2008 and the data migration took place on 31.12.2007. Does that mean that we have to carry out the Depreciation Run for the month of Dec 2007 and then proceed with the Depreciation Run for the month of Jan 2008 ?
Thanks in advance.
Best Regards,

Error in Fiscal year close for assets

Hi All,
I did AR29 / ABAWN (revaluation of Assets). But SAP gave me error as
Diagnosis
The fiscal year 2001 is already closed for area 90 in company code 1000.
Procedure
Check the depreciation area specifications in Customizing. If the specifications are correct, use a transaction type that does not post to the depreciation area mentioned above.
In the AR29, i mentioned all date as 01.09.2009.
Then i tried posting asset Acquisiiton (in F-90) in same date & it passed the entry. So i do not know what period is closed & why its showing as year 2001 in error message.
Edited by: Deepak Agrawal on Oct 12, 2009 10:33 AM

In OB52, open periods (for A, K, D, + , M, S) are shown as:
From 01 / 2009 To 12/2010. special period is open from 13/2009 to 16/2009.
This mean 2010 is open for the posting entries
But why its allowing me to post F-90 (asset acquisition entry in 2009) & not allowing revaluation of assets.
Edited by: Deepak Agrawal on Oct 12, 2009 11:14 AM

Error in asset fiscal year change

Hi,
Experts,
Here i have an issue regarding asset fiscal year close, Here system gone live in nov 2006 after that they are not perform period end and year end activities. right know they came out to do all period end activities and year end activities and i did all closing activities up to 2007-2008. here every thing is fine but in asset side when they are executing asset report through this S_ALR_87011967 here they got error message Fiscal year change not yet made for company code The relevant
error message No. AB059 Kindly verify this and tell me what to do this.
Thanks
Gopi

You can run only reports when the current fiscalyear is open
TC AJRW - Fiscal Year Change
You can have only 2 fiscal years open (old and new fiscal year).
It is later still possible to reopen old fiscal years and make changes

Turkey: year end close RFSUMB00 / fiscal year variant

Hello guys,
I am wondering if anyone of you have had this requirement before.
Running RFSUMB00 on a Turkish company code will blow away the balances from all G/L accounts so that each individual account has a balance of 0.
Questions:
1. How do you manage revenue accounts (cost element categories 11 and 12). A pure cost centre is not enough as CO account assignment. You can switch off error message KI 166 (so that no COPA documents are then created), but is this really wanted?
2. If each individual account has a balance of 0 at year end, how to create a B/S and P/L for that year? Especially, for previous years? The only thing that comes to my mind is using special periods (13 to 16), but.... -->
3. ...in our system, the FI fiscal year variant is not K4, but a custom variant. The fiscal year (of the group) does not end on 31st December. I have a small FI-SL application running in the background (with K4 assigned there), and I could change the FI-SL period to 13 during the document transfer easily, but I ask myself why I do not post all of these funny closing documents directly in FI-SL then? This would save me from the usage of dummy assets/customers/vendors and the continous changes made to the "automatic postings only" flag (SKB1-XINTB).
Turkey experts, any hints welcome. What are your best practices?
Thank you,
Csaba

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

OAAQ - how to close again the reopen fiscal year in asset accounting

hii frineds
I have a Query that
we have closed fiscal year 2006 and after closing we found some adjustment so reopent he same that is 2006 from T.Code OAAQ.
Now adjustment are done and i need to close the fiscal year 2006 how can i do that???
please Suggest...
Points will be given
sejal

hi,
first you need run t.code ajab for closing of 2006 and you need to run ajrw to open fiscal year 2007
if it is useful pls assign the points
Thanks & Regards
phaneendra

Year End Close Fiscal year/Asset End Closing

Dear FI Experts,
User ran t.code F.16 fiscal year balance carry forward, before running AJAB for Year End asset accounting. Per my knowledge SAp requires to do AJAB prior of closing assets. Do I have to reverse fiscal year balance carry forward and go in order?
Thank You for your comments

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

Opp Close Date - Quarters should be in Company Fiscal Year format

Hi,
I have to design report to calculate No of Opp Closed in Current Quarter and Last Quarter both according to Fiscal Year format.
Now, when I see Report 'Opportunity Analysis' for Data Source 'Opportunity Header and Item', Key Figure 'Close Date' has hierarchical date values (Quarter, Year Quarter etc) same as Calender Year.
For Example.
If Close Date = 15 Jan 2014, then system shows Quarter = Q1 and Year Quarter = Q1/2014. Meaning it is same as Calender Year.
Now, Company Fiscal Year starts from previous year Aug to July. So 15 Jan 2014 should be Quarter = Q2 and Year Quarter = Q2/2014.
Similarly, If Close Date = 10 Sept 2013, then system shows Quarter = Q3 and Year Quarter = Q3/2013. Meaning it is same as Calender Year.
Now, Company Fiscal Year starts from previous year Aug to July. So 10 Sept 2013 should be Quarter = Q1 and Year Quarter = Q1/2014.
To achieve Date hierarchical values in Fiscal Year format, Please let me know if I need to do any config OR if I am missing something OR I can achieve in fiscal format by creating new Key Figure.

Alim,
As per my knowledge I did not find any setting where you can change the Calendar Fiscal Year in the system.
But what you are trying to achieve can be done in a different way.
If I understand your requirement right if you have 10 Opportunities in Jan 2014 you should see them as Q2/2014 instead of Q1/2014. What you can do is you can create 4 Restricted Key figures for 4 Fiscal quarters , i.e Aug to Oct -- Q1. Sept to Jan--Q2 , Feb to Apr --Q3 , May to July -- Q4 . Then Hide the original Key figure and make these 4 Key figures available in your report.
So if a user searches for Jan2014 the Key Figure Q2 will have some values not Q1. Try this.
This is a round about solution which might work. Quarterly search is not possible in this case as the system is still assuming Jan2014 as Q1 but not Q2 what you did above is just masking of Q1 as Q2 in your report.
Hope this helps you.
Thanks
Pavan.

AJAB : close fiscal year

Hi All,
We tried closing FY. Though the close was carried out successfully, the Line items shows: 0. Can any one tell me what it means?? and is it normal
Thanks

Hi:
For instance you closed Year 2010 AJAB and you getting this value 0, is there something written in Note area...In order to ensure that Fiscal year change has been done successfully in co code you can try with simple posting to any asset for your co code. If system lets you enter the asset , this means fiscal year change has been made and vice versa.
Regards

Can we close Fiscal Year for Assets without posting Depreciation?

Hi All,
My client has 11 Company Codes. During the year end activity, I closed the FY of Assets for 10 Co. codes (T.code AJAB) and 1 is pending as depreciation is not posted for some assets yet. The client wants me to close the FY for assets without posting the depreciation.
Can anyone guide me on following doubts:
1. Is it possible to Close FY for assets without posting depn?
2. If YES, then what can be the adverse consequences of it?
3. If NO, then what is the alternative reply I can give to my client?
I hope the above info. is sufficient.
Regards
Amarendra

Hi All,
Finally I got the solution. I had to do some off track adjustment which might not be allowed otherwise. After getting that confirmation from the client that:
1. They want to post zero values towards Depreciation for the year 2007 &
2. After closing the year, later on there wont be any adjustments for the closed FY 2007
When client gave me above confirmation i did following steps:
1.Note down the Current Depreciation Key of the asset
2.Change the current depreciation key to u201C0000 - No depreciation and no interestu201D (TC: AS02)
3.Close the fiscal year 2007 (TC: AJAB)
4.Change the u201COrdinary Depreciation Startu201D date to 01.04.2008 for ALL the Depreciation Areas of that asset (AS02)
5. Restore the Depreciation Keys of the assets as per the step 1 (TC: AS02)
6.Open New Fiscal Year 2009 (TC: AJRW)
So now the depreciation will be calculated from 01.04.2008 and no values are posted towards depreciation for the year 2007.
Off course in the normal course of time above solutions are useful.
Regards,
Amarendra

Adjustment in close fiscal year

Hi Friends,
We close the 2009 fiscal year now we need to pass some adjustements in that fiscal year.
Please tell me what is the proccess
thanks,
Chitra

Hi Ajay,
I pass the entry using fb01
DR Expences
CR Accrual(USD)
In my retained earnings account amounts it's not change in Fiscal year 2010.
thanks,
Chitra

Open and Close periods/Fiscal years

Dear All
We are in the process of FM-BCS implementation, we observed thre is transaction code (FMOPER) for open the Budget periods. This is working for Budget workbech (FBMM) only. But at the time of Actual Postings even period is not open in FMOPER system is allowing for actual postings.
Kindly suggest where we can control actual postings through period open/cose option in FM-BCS.
Thanks in advance
Rao

Hi Rao,
You need to be aware of all the impact of the use of PBET (Period-Based Encumbrance Tracking) before activating it in transaction OF39. This is not a simple change, it impacts all your integrated postings that come from all other areas (FI, CO, MM, SD) into FM.
You cannot use any FM update date other than the POSTING date when PBET is active.
One common error when you activate PBET is FI_E050 - Posting date/period 00/00/0000 is earlier than existing
date/period 00/00/0000.
If you want updating to take place on the delivery date, you must return profile to Fiscal Year Based (non-PBET) updating.
This step will also eliminate the error FI_E050.
Part of the basic PBET logic, aims at recording a detailed change history of every single document in FM.
For more details on this, please also refer to the program documentation and chapter Public Sector Management -> Funds Management -> Recording Actual and Commitment Data -> Period-Based Encumbrance Tracking.
The standard functionality when PBET is active is to use the system date as the FM posting date. However, you do have 3 options to overwrite this:
Document Creation:
1.- Version Management (PR/PO)
2.- FM updating date is the document posting date.
Document Change:
1.- System use FM_TRANS_DATE date as FM updatign date, if this date is not filled, system use system date as FM updating date.
If customer want to change this logic, the FM updating date is decided by one of the following three steps, in order shown.
- Version Management (PR/PO): Posting date of version
- Transaction FMOD to override the update date by user
- Activate user exit EXIT_SAPLFMFA_004 so that a popup screen is
displayed that permits entering the FM posting date, you could
manually set the date found in the document header to a later date.
- you could manually set the date found in the document header to a
later date (System date SY_DATUM).
PBET is Periodic-based encumbrance tracking and it is a function that monitors encumbrances per period, with a change record issued for each change made within a period. This function belongs to Funds Management Area (PSM-FM).
If PBET is active, system does not allow posting to a date earlier than the present date, you will receive error FI_E050 in case this is not satisfied. Follow are two comments form the code which indicate same:
"No new dates can be earlier than the original or new account assignment line items".
"Ensure that new fm update dates are not older than original date or if a change, this change must be latest date in document"
To use or not to use PBET is customer decision and this impact that the period is verified more strictly than without PBET. Maybe you should consider with your consultant if using PBET is the best solution for your business processes.
Best Regards,
Vanessa.

Changing Depreciation Key for Tax for closed fiscal years -

Hello,
Hoping someone can help me with this question - Is it possible to change the depreciation key for closed fiscal years - we need to change it for Tax - books. And if yes - does it mean we need to open closed fiscal years ??
Thank you,
Richa

Hi,
you will need to open the FI and AA periods. After changing the depreciation keys do the necessary dep run and close the books in the correct sequence.There should not be problem.

Posting in Asset Accounting in closed fiscal year

Hi
We are in the fiscal year 2009 and my client wants to open the closed fiscal year 2008 in both Asset accounting and Finance.
Point 1 : The requirement is they want to post some correction entries in April 2008 -Let me know what needs to be done in terms of depreciation posting etc to do a 2008 yearend again.
Point 2 : Any specific steps to do a full year end in 2008 now to balance Asset Accounting and Financial .And to carry forward balances as to where we are now in period 10.
Please advice.

Hi,
if you open 2008 and post, you have to process the full fiscal year end close procedure. AFAB, ASKB, the whole story.
You don´t have to worry about the carry forward, this will be done automatically by the system.
Regards,
Markus

"Activity type 420 1002 2393074 in the fiscal year 2010 not valid" PM03

We have an issue with the PM03 for the year 2010. "When the scheduler tries to schedule the pm..He gets an error "Activity type 420 1002 2393074 in the fiscal year 2010 not valid" The planner will close the work order then re-open it. The error will go away, but when the work order is scheduled there is 0 hours scheduled.. This will be a big issue if there are not any hours assigned to work orders.
Can you help me?
Thanks!

Davison,
Please maintain the prices for the activity type, Cost center combination for the fiscal year 2010 using transaction KP26. The log generally disappears after you save and leave the transaction. You will see the log again only when you reschedule the order and are in the same transaction.
Also check whether "scheduling" has been activated for the PM03 control key for scheduling to be taken into consideration for the operation.You can view the same by using the drop down for the control key on the transaction.
Regards
Narasimhan

Fiscal year close

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