Fiscal year still open

Hi
I am doing year end activities and followed the procedures as per steps ( down loaded from net ).I have seen OAAQ and it shows year closed as 2010.But when I try to run F.07 ( in test run ) ,it gives a warning message that "Fiscal year 2010 i still open for company code 1abc ". What I am missing here ? Is any other transaction code there like OAAQ where I can check ? I have checked OB52 and has open period only 2011.What steps can be missing ?
kindly suggest me .
Thanks
Satya

Hi Satya,
There are lot of activites to look at the time of year ending, as per your message OAAQ is a transaction where you can see the year closed for asset postings.
Just have a look at the below thread which gives you a clear understanding on the closing activities monthly and yearly.
http://wiki.sdn.sap.com/wiki/display/ERPFI/FICOPeriodEndActivities-+Periodicity

Similar Messages

Fiscal year 2009 is already closed in Financial Accounting

Dear All,
we have done all depreciation postings for 2008. we have closed 2008 in OB52 and as per OAAQ 2007 is closed. I want to change depreciation key / shift factor for 2009. when am trying to change the costcenter it is allowing me But if i try to change shift factor/Depreciation key/variable depreciation portion in Asset master, systerm is throwing error....
Fiscal year 2009 is already closed in Financial Accounting
     Message no. AA 669
Diagnosis
     You have initiated a recalculation of asset values for fiscal year
     However, fiscal year 2009 is still open is Asset Accounting, but no
     Financial Accounting.
System Response
     Due to this inconsistency between the General Ledger and the the
     subsidiary ledger, processing is terminated.
As per my reqirement i want to change depreciation key / shift factor for 2009. If i open 2008 in FI to change dep key it is recalculating values for 2008 and 2009 also. But it should not change the values in 2008. pls suggest me ......
Rgds
Swathi.
Edited by: swathi fico on May 18, 2009 12:50 PM
Edited by: swathi fico on May 18, 2009 12:50 PM

Hi
As you said
we have done all depreciation postings for 2008. we have closed 2008 in OB52 and as per OAAQ 2007 is closed. I want to change depreciation key / shift factor for 2009. when am trying to change the costcenter it is allowing me But if i try to change shift factor/Depreciation key/variable depreciation portion in Asset master, systerm is throwing error....
Fiscal year 2009 is already closed in Financial Accounting
You have initiated a recalculation of asset values for fiscal year
However, fiscal year 2009 is still open is Asset Accounting, but no
Financial Accounting.
System Response
Due to this inconsistency between the General Ledger and the the
subsidiary ledger, processing is terminated.
For Fixed Assets , both 2008 and 2009 fiscal years are open , but in Financial Accounting 2009 fiscal year is also closed. Go to OB52 and open the 2009 fiscal year of FI , so that your issue will be resolved.
Regards
Venkat

Items are in different fiscal years - Posting

Hello
Here one user is doing a transaction F-32 for clear customer items. He has to clear items but the items were posted in different fiscal years. When he tries to post the document, it gives the message "Items are in different fiscal years". few items are in the last year and rest are in the current year. Both the fiscal years are open in the case. How can I post the document ?

can you provide the message number.
can you also confirm if this is an error, warning or message.
As standard you should be able to clear open items from different fiscal years.
Are you matching invoices off with a zero balance?
Also can you confirm if you have activated document splitting?

Asset still showing planned value for closed fiscal year.

*We have a situation:- After we ran depreciation for Dec 2009, there was a credit memo posting done in the system for a particular asset. Now, the fiscal year has been closed for 2009 and 2010 is opened. Jan and Feb depreciation posting has been done for the asset for year 2010, but the credit memo posting is still stuck as planned value in the 12th period of 2009. How can we take care of that? I canu2019t run unplanned depreciation for 2009. Is there a better way to take care of this? I thought about opening year 2009 for the asset (ccode) and then running unplanned depreciation. Will that be a problem? If yes, what other solution can be proposed.*
*Appreciate the response.*

Hi,
If it is not possible to open the fiscal year because audit
has already been completed we have a workaround which is not quite
correct from the legal side ist thereport RACORR20_A from note 29694.
If in table ANLC there are differences between posted and planed
depr. the report simply makes: planed = posted.
The correct way would be:
-> Reopen your GL for FY 2008 via OB52.
-> Recalculate values (RAAFAR00)
-> RAPOST2000
-> RAPERB2000
-> RAJABS00
Regards Bernhard

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:
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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.
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displayed that permits entering the FM posting date, you could
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- you could manually set the date found in the document header to a
later date (System date SY_DATUM).
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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.

OPen and closing of fiscal year variant

Hi friends, in ob52 once we opened a fiscal year. Can we closed that for every month end after month end procedure. Once closed can we open at any time.
Thanks in advance

Hi,
Yes We can Do that
Regards,
Amit Shinde

How to open Fiscal year in Asset Accounting ( AJRW )

HI
how to open fiscal year in Asset Accounting (AJRW), if i open it how to check.
Thank you.

Hi Anil,
To open fiscal year use AJRW. use T-Code OAAQ to check the same
prasanna

I bought a pdf book last year and had no problem reading it for a few months then all of a sudden I could no longer open it and to this day. Any other pdf download off internet I can still open and read, except for that particular book. Operating system i

I bought a pdf book last year and had no problem reading it for a few months then all of a sudden I could no longer open it and to this day. Any other pdf download off internet I can still open and read, except for that particular book. Operating system is Windows 7 Home Premium, Adobe Reader XI 11.0.07. When trying to open file I get msg "You did'nt login or your session has expired. Please log in to read this document for the first time". (Like I said I have read it before). So I log in but that prompts me to give the name of the file I want to export or convert to Word or something else, which is not what I want to do of course. I have not purchased any service from Adobe or Acrobat as I only need to read. Thanks for your help..

Thank you for your reply. Operating system is Windows 7 Home Premium, Adobe Reader XI 11.0.07. When trying to open file I get msg "You did'nt login or your session has expired. Please log in to read this document for the first time". (Like I said I have read it before). So I log in but that prompts me to give the name of the file I want to export or convert to Word or something else, which is not what I want to do of course. I have not purchased any service from Adobe or Acrobat as I only need to read. Thanks for your help.

Error in opening Fiscal Year by Dep. Area

Hi All,
We have following Depreciation Areas:
01 - Book Depreciation and 10,11,12 & 13 for Tax Depreciation.
I am trying to open Fiscal Year 2014 for Tax Depreciation Area only by using T-code OAAR, system is giving me below error message:
You also have to change the close of depreciation area 01
Message no. AC433
Diagnosis
Depreciation area 10, for which you want to reset the year-end closing, is linked to depreciation area 01.
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Identical acquisition and production costs (value takeover)
A derived depreciation area
Procedure
Correct your entries. You can only modify the area for which you received the message.
I checked setting of t-code OABC:Dep. Area 10 is having ValAd as 01, this is the reason system is not allowing to Open Fiscal Year 2014.
Please throw some insight how I can open fiscal Year 2014 for Tax Areas only.
Thanks & Regards,
Vivek

Hi George,
Thanks for helping me out. There was no identical check on OABC for area 10.
Upon researching more I found that there are other depreciation area which is only for reporting, are deriving values from Dep Area 10 and 01.
Therefore system was throwing error to open Fiscal Year for 01 as well. I have removed the derivation from dep area used for reporting only and try to open Fiscal Year for Tax Area, now system allow me to open it by Area.
This issue is resolved. Thanks again for your help.
Regards,
Vivek

Opening activities for the ne Fiscal Year

Dear All
what are the activities that are required to carry out for opening the New Fiscal Year..
Thanks & Regards
Veena Kunthe

Hello
The new fiscal year is automatically opened when you make your first posting in the new fiscal year or once the balance carried forward program has been run. You do not have to close the old fiscal year before you can post data in the new one. You therefore do not need to create closing or opening financial statements.
The prerequisites for posting to a new fiscal year are as follows:
If you are using a fiscal year variant which is year-specific, you first have to create a variant for this fiscal year and assign it to the relevant company code. See Fiscal Year and Calendar Year
If you have also defined year-dependent document number assignment, you must have already set up the document number ranges for the new fiscal year. For more information, see Document Number Assignment
The relevant posting periods must be open in the new fiscal year. See Opening and Closing Posting Periods
Check this link for more documentation on carry forwarding balances
http://help.sap.com/erp2005_ehp_02/helpdata/en/96/8b307143ce11d189ee0000e81ddfac/frameset.htm
Reg
assign points if useful

Open asset acctng year in closed FI fiscal year - asset not totally posted

Hello Friends,
In January we have closed 2010 in finance but Asset accounting year remained open.
Now I have an asset with planned depreciation in 2010 which was not posted. Now I can't close asset accounting for 2010.
I have read about SAP note 29694 and program RACORR20_A in the forum, but I'm not sure about it's consecuences. Can't I just delete the planned depreciation in 2010, close the year and set an unplanned depreciation for the same value in 2011?
Thanks in advance.
Juanma.

Hi Juan
You have 2 choices, one of which you have identified already
a. Note 619969 - This will let you post dep in 2010... This will change balance in your FI books
b.Note 29694 - If you dont wanna post anything in 2010 due to legal issues, then use the program mentioned in the note and this will make Posted dep = Planned Dep
Advisable is Note 619969 of the two
br, Ajay M

Can we post entries in 2014 and 2015 fiscal years simultaneously

Hi,
Now we are in fiscal year 2015.Still postings are going on for FY2014.Not yet done any year end activities for 2014.Client is asking to open posting periods for fiscal year 2015.They want to post in fiscal years 2014 and 2015 as well simultaneously. Is it possible? If possible,what are the precautions we need to take ?
Thanks

Hi
Yes if you have special period defined for 2014
or keep both Fiscla period open in FI .
in MM you should be able to post only in period 12 of fiscal year 2014 . so its depend on what sort of entriews you want to post

Changing from a Fiscal year to a calendar year

Hi Everyone,
We need the supporting documentation, guidance to change from a Fiscal year to a calendar year. Also please share your experience, suggestions, thoughts on this?
Currently, our year-end is SEP 30th, now there is a requirement to change the year end from SEP 30th to DEC 31st.
N:> Keithley GL Superuser USA > Setup > Financials > Calendars > Accounting
Calendar is already associated to the set of books and the budget year for 2011 is already opened in the Production instance
We entered the budget through a spreadsheet upload using ADI. We can roll back the budget and reenter if required
We have already gone through the metalink note IDs 102460.1, 134362.1, and also the below document from Oracle Support
http://download.oracle.com/docs/cd/E15799_01/books/OnDemOLH/index.h...,
Below are our open questions at this point
1) Can you please let us know what would happen if the transition closes on the middle of the month
Example: We will close the month end, year end at the end of the month but what would happen if we close at the middle of the month (say DEC 15th instead of DEC 31st)
2) Will it be short? From 1st October 2010 - 31st December 2010.
Or will it be long? From 1st October 2010 - 31st December 2011.
Can you please let us know the pros and cons for each of these?
3) According to the Metalink note Id 102460.1, the application will prevent you from making changes to calendar the unless you meet the following qualifications:
a) All the periods to be changed have a status of Never Opened.
This condition does not match to the current situation at the clients place as we don’t have the status "Never Opened" for any of the periods in the accounting calendar in
subledgers
b) A budget year that includes the periods to be changed is no t yet opened.
Budget year is already opened for the year 2011 at the clients placec) An encumbrance year that includes the periods to be changed is not yet opened.
“Encumbrance” is not applicable at the clients placed) The periods to be changed have not yet been copied from the GL Calendar to Project
“Projects” is not applicable at the clients placeThanks
Veena

Pl post details of OS, database and EBS versions. Pl see if these MOS Docs can help
How to change GL Calendar from a Fiscal to a Calendar year?          (Doc ID 102460.1)
CHANGING SET OF BOOKS CALENDAR FROM CALENDAR YEAR TO FISCAL YEAR          (Doc ID 1060624.6)
R12: Is It Still Possible To Change GL Calendar From Fiscal to Calendar Year In Release12?          (Doc ID 836263.1)
General Ledger Calendar FAQ          (Doc ID 134362.1)
HTH
Srini

Fiscal year variant- WK : posting date from 29 to 28

Dear Gurus,
Customer wants FI posting period starts from 29 to next 28, that is
period 1: Jan 1st ~Jan 28th;
period 2: Jan 29th ~Feb 28th;
period 3: Feb 29th~March 28th
period 4: March 29th ~April 28th
period 5: April 9th~May 28th
I created a new fiscal year variant, check year-dependant, uncheck calendar year .
and it works when posting FI document, however, when posting good issue documents,
system generates error message that material posting period is March and April.
so I try to use MMPV to open posting period May, and still system doesn't allow to do that.
Message as follows:
Mode: Check and close period
Client:500
Period entered (month/year):052009
Invalid period for company code 1000; no conversion here.
Period closing complete; log issued.
What should I do ?
Thanks Gurus!
Lynn
E N D

Hi,
Firs check the current status of period in MMRV
And use MMPV transaction and enter the following details -
Company code - 1000
Period - 03
Fiscal year 2009
Then
Company code - 1000
Period - 04
Fiscal year 2009
Now try to psot the entry.
~Thanks!
Rajesh

Depreciation values in previous closed fiscal year

Hi,
I want to apply new depreciation key for an asset, acquired previous year. Previous financial year is closed where prior fiscal year for fixed assets is still open. How should I apply changes.
Thanks in advance.

Changing the depreciation key will recalculate the depreciation for the current year.
if you have previous year open, then it will also recalculate for the previous year. if it recalculates you might have to open FI posting periods and run the repeat depreciation for the last period so that it posts the recalculated depreciation.
If not close the prior year and change the depreciation key, this will recalculate only for the current year and the catchup will be posted in the following depreciation run.

Fiscal year still open

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