How To Fix AA687 - You can only post in new year after closing the previous year.

AA687 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 687

• Message text: You can only post in new year after closing the previous year.

What causes this issue?

You want to post in a new fiscal year. However, a posting must have
been made in the last period in the previous fiscal year before you can
do this.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Post to the last period in the previous year first.

Error message extract from SAP system. Copyright SAP SE.

AA687 - Details

• The SAP error message AA687 indicates that you are trying to post an asset transaction in a new fiscal year before the previous fiscal year has been closed. This is a common issue in asset accounting (FI-AA) when the system is configured to prevent postings in the new year until the previous year is fully closed.
  
  Cause:
  
  Year-End Closing Not Completed: The previous fiscal year has not been closed properly, which means that all necessary transactions and adjustments for that year have not been finalized.
  Posting Period Settings: The posting periods for the new year may not be open, or the system settings may restrict postings until the previous year is closed.
  Configuration Settings: The configuration in the asset accounting module may be set to prevent postings in the new year until the previous year is closed.
  
  
  Solution:
  
  
  Close the Previous Year:
  
  Ensure that all necessary transactions for the previous fiscal year are posted.
  Perform the year-end closing