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

SAP Error Message - Details

• 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.

AnswerBot

• What is the cause and solution for SAP error message AA687 - You can only post in new year after closing the previous year. ?

  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 activities in Asset Accounting (FI-AA). This typically involves running the year-end closing program (transaction code: AJAB).
  Make sure to check for any unposted documents or errors that need to be resolved before closing the year.
  
  
  
  Open Posting Periods:
  
  Check the posting period settings in the system (transaction code: OB52). Ensure that the posting periods for the new fiscal year are open for the relevant company code and that the asset accounting is included.
  If necessary, open the posting periods for the new year.
  
  
  
  Review Configuration:
  
  Review the configuration settings in the Asset Accounting module to ensure that they align with your business processes and allow for the necessary postings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or consult with your SAP support team for specific steps related to your version of SAP and your organization's configuration.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AJAB: Year-End Closing for Asset Accounting
  OB52: Change Posting Periods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Roles: Ensure that you have the necessary authorizations to perform year-end closing and to open posting periods.
  
  By following these steps, you should be able to resolve the AA687 error and proceed with your asset postings in the new fiscal year.