AA707 - Asset &-& in CoCode &: Error in balance carryforward; see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 707

• Message text: Asset &-& in CoCode &: Error in balance carryforward; see long text

What causes this issue?

Asset &V1&-&V2& in company code &V3& caused errors during the
calculation of planned depreciation in the new fiscal year.

System Response

The asset values will still be carried forward even with errors; however
the asset is flagged accordingly.

How to fix this error?

You should manually check the asset for the fiscal year just opened
using the asset value display transaction and the 'recalculate'
function.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA707 - Asset &-& in CoCode &: Error in balance carryforward; see long text ?

  The SAP error message AA707 typically indicates an issue with the balance carryforward process for fixed assets in a specific company code (CoCode). This error can arise during the year-end closing process when the system attempts to carry forward balances from one fiscal year to the next.
  Cause:
  
  Incomplete Data: There may be missing or incomplete data for the asset master records that are required for the carryforward process.
  Posting Period Issues: The posting periods may not be correctly defined or open for the new fiscal year.
  Configuration Issues: There could be configuration issues in the asset accounting settings that prevent the carryforward from being executed properly.
  Unposted Transactions: There may be unposted transactions related to the assets that need to be addressed before the carryforward can be completed.
  Depreciation Run: The depreciation run for the current fiscal year may not have been executed or completed successfully.
  
  Solution:
  
  Check Asset Master Data: Review the asset master records for completeness and correctness. Ensure that all necessary fields are filled out and that there are no inconsistencies.
  Verify Posting Periods: Ensure that the posting periods for the new fiscal year are open and correctly configured in the system.
  Run Depreciation: Make sure that the depreciation run for the current fiscal year has been executed successfully. If not, run the depreciation program.
  Review Unposted Transactions: Check for any unposted transactions related to the assets and resolve them before attempting the carryforward again.
  Consult Long Text: The error message suggests checking the long text for more specific details about the issue. Use transaction code SE91 to view the long text associated with the error message AA707.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error. Sometimes, there are known issues or patches that can resolve the problem.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AFAB: Run Depreciation
  AJAB: Carry Forward Balances
  
  
  Documentation: Review SAP documentation related to Asset Accounting and year-end closing procedures for additional guidance.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the AA707 error message in SAP.