System fiscal year in co code does not match current fiscal year.

Hi
I have seen this problem.I  did run some closing steps and this error gone . Can some one please explain some logic behind this error ? Because I am sure i have not done any specific transaction to match the system fiscal year and current fiscal year then how this error gone away ?
I have checked the other posts on this forum related to this error but still feel to ask for clarity of concept.
Thanks in advance
Satya

Hi Satya,
Ex:
FY is 2011 ( for US)
compny code FY may / may not same as system FY.
for Business adjust ment / Financial Adjustments client not close previous FY.
now if you check your system, Comp Code FY is 2010 & System FY is 2011.
Company Code Closing FY T.Code: OAAQ
Tables need to chek for conformation year end activities done/not: TABA, T093B, T093C
Regards,
Viswa

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