Year end closing for asset accounting,
Hi guru's
whne i was trying to close the asset fiscal year it was throwing erro "Transaction not completerly periodically posted" what would be the reason could any body help me out to resolve the issue.
value points assigned
thanks
sunitha
HI
Run AFAB in Test mode for 12 period that is March and check what error it will show. Now for a mean time your problem will be solved by opening the Fiscal year of the Asset and can carry on the regular transactions in Asset Accounting in the new fiscal year. Later on when the Dep is runned for the entire old fiscal year then close the old fiscal year.
Regards
Similar Messages
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Getting error while Year end closing in asset accounting for the year ...
Hi,
i am getting error while doing Year end closing in asset accounting for the year 2004. It is giving few assets and saying that "Depreciation not posted completely"
Can any body help in this reagards.
With regards,Dear Shree,
Do u have the list of all such assets for which no depreciation has been posted. If yes, then go to AFAB, upload the list all these assets & then select the radio button as 'repeat'.
This will post you depreciation for all the assets. then close the year.
regards,
Ajay -
Undo Year end closing for Asset
Hi,
I need to undo year end posting for Asset and recalculate depreciation according to the changed laws.
Is there any prerequisite/constraints to be taken care of before running OAAR(undo year end closing) and AJAB(year end closing) after required postings are done. Any other financial impact does these transactions have apart from the desired depreciation calculation?
Any help in understanding the scenario will be highly appreciated.
Regards
ShilpaHii
Difference between the two transaction code are
OAAR-undo by depreciation area
OAAQ-undo by company code.
in the first one u r only opening the depreciaiton area that is already closed.
and in later u r opening whole company code
Yes after the new depreciation run it will be adjusted but while running u need to select repeat run in T.Code AFABN.
Through repeat run it will take into consideration the changed values and again calculates the depreciation.
so values will be adjusted.
Thanks
sejal -
Year end closing in Asset Accounting
Hi, I have an urgent problem with the above subject. I ran transaction AJAB and got the error message AU075: "Asset balance sheet values not completely posted". I ran ASKB but got the message "Company Code xxxx allows enhanced periodic postings". I then ran ASKBN and got error saying certain posting periods were not open. Incidentally, the assets that the error messages were appearing against are assets that have been retired during the year. I opened the posting periods via OB52. I re-ran ASKBN and had no errors. However, no G/L accounts were updated and I still get error message AU075!
As this is the first step in carrying forward the year-end balances I cannot action F.16 and F.07 to carry G/L, AR and AP balances. My year end is March and I must produce a sap balance sheet for April asap but cannot until the above problem is resolved.
Help would be appreciated very much!
ThanksHi,
Run the tcode ASKB without clicking the test run although it will not update any GL.
Second run the tcode AUVA and check whether any asset is incomplete.
then run AJAB for period closing.
Regards,
Meenakshi -
Take back Year End Closing for Fixed Asset
Dear all,
Is it possible to reverse a year-end closing in Fixed Asset? If yes, how to do it and what are the consequences?
Users need to carry out some corrections for the closed year!
Thanks for your help.
Nas.Hi.
Thanks for answering. If I change it in trans. OAAQ manually, should I re-run depreciation run before running the closing transaction AJAB again?
Thanks,
Nas -
Period closing for assets accounting
HI experts
Since we are in 2009 i need to transfer the assets from 2008-2009, while doing the same through AJRW message is coming to close the books for 2007. on closing the books for 2007 through AJAB the error message comes some of the assets depriciation has not been completely posted . Actually the depriciation for dec'07 has been posted during book closure in dec'07 & BS has been printed on the basis of the same . However during 2008 we found some of assets having the start dep date is wrong , hence we have changed the date in 2007. the Depriciation for Jan to Nov'08 has already been posted without any error . kindly advice me how to proceed .
Regards
SarojHi Saroj
Usually, during the year end closing process for Assets we initially need to close the previous Fiscal Year through TC: AJAB.
At this point of time if the depreciation run is not done in the past or depreciation for some of the assets not posted completely we cannot close the FY.
Similarly an error relating to determination of the base insurable value for asset will also occur in company code. Message: The base insurable value for this asset could not be determined.
Usually missing index figures are the cause for this error.
Therefore check the insurance specifications using master data maintenance. You should analyze the error by using the fiscal year change function in the screen for the insurance specifications.
I hope this will solve your problem
Regards
Murali Kanth Natti -
Year end closing for fixed asset
Hi,
Currently we run the process AJAB to close the year for fixed assets at the end of the year and can close two years back. So in September 07 I would have closed 2006, then run AJRW to open 2008.
So it is my understanding that we can only have two years open and we have in the past had the current year and one year back. Do you know why we do this, why dont we have the current year and one year forward?
There has been a request to close 2007 for fixed assets, if I do this, will this cause any problems?
With regards,
SreeIf u close the 2007 there is no problem, useally everbudy maintain one previous year and one current year, basic reason is if the any capitilization is to be made with back date u can able to do. If that is not there in your case u can close but if you open the future year after that you can not reset/reopen the 2007.
If you open 2009 also there is no use, because with future date no budy do the capitalisation.
advantage of opening of 2009 only one advantage is u can able to see the depreciation simulation will be taken period wise.
disadvantage of opening of 2009 you can't open 2007 if you post any entries with back date.
assign points if its helpful. -
Asset accounting - asset year end closing
Dear Experts,
For the year 2008 the depreciation was not processed in asset accounting and now i processed depreciation for the total year from 1 period to 16 th periods by keeping FI period 2008 open and documents were posted successfully. Now i want to close the 2008 period for asset acccounting and i want to open 2009 period for asset accounting .
But i am getting error like Transactions not completely periodically posted. It is taking to 2 paths.
One is Define How depreciation Areas post to General Ledger
Here for my client 3 depreciation areas are there 1) book depreciation 2) Tax depreciation 3) Delta depreciation.
Second is Start APC Posting Programme: When i try run this programme "i am getting message like there are no documents to be posted"
Please help me
Thanks
BaluHi,
please read the WIKI guide [Year-End-Closing in Asset Accounting (best practices)|/people/javier.reviriego/blog/2008/07/09/year-end-closing-in-asset-accounting-best-practices].
Even if there are no transaction to be posted, you have to execute the periodic posting run. The run itself will create a protocol entry in any case, if there are values to be posted or not. The fiscal year close process checks thit protocol entry.
Regards,
Markus -
Year End closing Asset accounting
I am carrying out a currency conversion and at Analyze stage I am facing the following error.Closed year 2005 in company code XXXX and area 01 incorrect.
I then tried to carry out year end closing for assets
CoCd Close carried out Inactive has errors not posted line items
XXXX No 0 0 0 0 0
CoCd Asset Note
XXXX *** Documents from last posting run in 2006 are not yet updated
Will reward points if helpfulDear Garikai,
Hope closing activity and balance transfer for year 2005 has not been done properly. Please close the year 2005 properly and follow the same procedure for the year 2006.
It will happen.
Thanks & best regards,
nms -
Hi,
We are running transaction AJAB for year end closing of Asset Accounting. We are trying to close fiscal year 2010.
In test run, it is showing no errors, but it is also not displaying any data. I expect it to show some information on the assets that will be affected, though no data is being shown.
What could be the problem? I noticed that depreciation may need to be recalculated (AFAR). Could this affect year-end closing?
Thanks,Hello,
This transaction will not show you any data since it is only required for the technical purposes. While running t-code AJAB, is displaying "NO" under the "Other Error" column then it means you don't have any issues while doing the year end-Closing.
Did you make any changes to any asset after completing your depreciation run for 12 month? If yes, then it is recommended that you do run transaction "AFAR" so the depreciation will be correcting for that asset before you actually do the year end closing for Fixed Asset.
However, if you are sure that you have not made any changes to any of your assets then you don't have to recalculate the depreciation.
Thanks -
Year-End Closing Asset Account - AJAB
Hi,
While executing year end closing for fiscal year 2005, system gives following error message :-
"Depreciation not posted completely"
Since, there is unposted planned depreciation in period 12 / 2005, system is not allowing to close the year.
But since the financial year 2005 has already been closed, we can not open it back due to other legal issues and financial impacts, user wants to have any other work around solution to close the year 2005 without posting the depreciation.
Please send us your ideas or expert comments.
Thanking you in advance.
Thank You & Best Regards,
Naresh B. PandyaHi,
At last we opened FI Year 2005.
We run the depreciation for 12/2005 (31/03/2006), posted depreciation reversal entry on 31/03/2006 to nullify effect on B/s and P&L account and the same was reversed on first day of next fiscal year i.e. 01/04/2006.
Regards,
Naresh -
FI-AA reconci;lation- for year end closing(ABST2)
Dear Team,
This is with regard to Year end closure in Asset Accounting.
we are using T.code ASBT2, which is giving the differences in FA and GL recon,
can you suggest me the way to solve this Issue.
I have tried the GL with FS10n and Assets report to find the difference from period.
Issue is that as in the GL master the GL account is not flaged for Line item display, i am not able to view all the posting.
I hope lot of people have gone through ..this Issue, please guide if there is any other way or some thing missing. please let me know.
regards
sgshi,
i am not able to view all the posting.
-> use se16 for table bseg or reports like RFBPET00 to reconcile
search in forum for abst2
A.
Message was edited by:
Andreas Mann -
Cannot execute year-end closing in IDES R/3 4.71
Hi Gurus,
I am working with IDES R/3 4.71.
since the current fiscal year in system in 2003, i try to change the fiscal year to 2004, then 2005, ..., finally I wish to get fiscal year 2009.
during the procedure, i need to post AA depreciation for each period of 2003. I have done that successfully with AFAB. then I also successed with Change Fiscal Year to 2004. now I need to execute year-end closing for 2003. but the system reports errors.
error message like below:
=========================================================
Asset balance sheet values not completely posted
Message no. AU075
Diagnosis
In company code 1000, which is to be closed, APC values have not been posted to Financial Accounting for all relevant depreciation areas.
Depreciation area 03, at least, is set up for periodic posting of APC values.
The year-end closing checks if documents were posted that have an entry date after the last run of the program for periodic posting of APC values. If such documents are found, the system issues this message.
Procedure
Check which depreciation areas are supposed to post APC values periodically to Financial Accounting according to their Customizing definitions (indicator: "Post assets periodically in General Ledger")
See the Define How Depreciation Areas Post to General Ledger IMG activity.
Start the program for posting APC values. In the Asset Accounting main menu, choose Periodic processing . Start this program in update mode, regardless of whether or not documents are displayed in test mode, or if a message appears stating that there are no documents to be posted.
Start APC Posting Program
==================================
I didn't change the depreciation area provided by IDES group.
anybody knows what's wrong?
many thanks!
GeorgeGeorge,
The long text seems to be self-explanatory. IDES comes with pre-configured stuff. So for sake of training they may have designated some depreciation areas as periodic posting. Please follow the instructions in the message and try to resolve it.
If I were you:
a) I would find out the chart of depreciation for the company code you are trying to do a fiscal year close.
b) Then go to the configuration and see the definition of each depreciation area.
c) For those which have periodic posting of depreciation, run the corresponding program as instructed in the long text.
Regards,
Vishal. -
Year end closing - facing problem in dep area 55
We have Chart of Depreciation as - SUSA
Dep area 55 is derived from - 01 and 20
it is assigned to 4 company codes and when ever the posting triggered to Dep area 55, parallel posting will happen to company code 9010.
so, I think due to parallel dep configuration we are unable to do year end closing for the 4 company codes.
we had to deactivate dep area 55- make options 0 from 2.
so, when we tried to deactivate dep area 55 - make options 0 from 2, it is throwing an error
SUSA 55 - Area customizing in area 55 is inconsistent.
Message No. ACC_AA043
Diagnosis
Customizing for depreciation area 55 in Chart of depreciation SUSA is incorrect.
For this depreciation area, settings at chart of depreciation level and for company code 2010 is inconsistent.
System response
Asset posting in this form are rejected
Procedure
Correct customizing by adjusting or removing(recommended) the obsolete customizing.
Kindly suggest what changes can be done to remove the above error.
Thank youHi,
As long as you have entries in ACCMAP, this depreciation area can not be changed with OADB any more. Changes for this area in OADB are only allowed if no ACCMAP entries for this area exist any more.
regards Bernhard -
Regarding AJAB Asset accounting year end closing.
Dear All,
We need to close the Period end closing for the Year 2008. When I am executing AJAB i had found that F Y 2007 is not yet closed in Asset Accounting.
I am just wondering how should I proceed? If I want to close 2008 I should compulsorily close 2007. What happens if i close 2007 now? I tried to close in our test server and there are various errors being popped up?
Any gnan on how to proceed? What happens if I don't execute AJAB?
Regards,
Sri.Hi,
Actually i also faced a similar issue and i had wriiten to SAP for a solution.Actaully its the Table T093B where we can see the closed fiscal year that has to be updated with closed Fiscal Year as 2008 for the particular Company Code.
We had to execute the program for all deprecation areas.
Regards
Rahul
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