AA761 - Fiscal year change in co.code & possible only after year-end closing &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 761

• Message text: Fiscal year change in co.code & possible only after year-end closing &

What causes this issue?

The fiscal year change was <ZH>not</> performed for company code &V1& as
more than two fiscal years are open in Asset Accounting.

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?

First carry out a year-end closing for fiscal year &V2& in company code
&V1&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA761 - Fiscal year change in co.code & possible only after year-end closing & ?

  The SAP error message AA761 indicates that a fiscal year change in a company code is only possible after the year-end closing has been completed. This error typically arises when you attempt to perform activities related to asset accounting (AA) that require a fiscal year change, but the system detects that the year-end closing process has not been finalized for the specified fiscal year.
  Cause:
  
  Year-End Closing Not Completed: The most common cause of this error is that the year-end closing for the previous fiscal year has not been performed. This means that the system is still processing transactions for that fiscal year.
  Incorrect Configuration: There may be issues with the configuration settings in the asset accounting module or the financial accounting module that prevent the fiscal year change.
  Pending Transactions: There may be pending transactions or postings that need to be cleared before the fiscal year can be changed.
  
  Solution:
  
  
  Complete Year-End Closing:
  
  Ensure that the year-end closing process for the previous fiscal year is completed. This involves running the necessary closing programs in SAP to finalize all transactions for that year.
  You can do this by navigating to the appropriate transaction codes (e.g., AJAB for asset accounting year-end closing) and following the steps to close the fiscal year.
  
  
  
  Check for Pending Transactions:
  
  Review any pending transactions or postings in the asset accounting module that may need to be addressed before the fiscal year change can occur.
  Ensure that all necessary postings have been made and that there are no open items.
  
  
  
  Configuration Review:
  
  Check the configuration settings in the asset accounting module to ensure that they are set up correctly for the fiscal year change.
  Consult with your SAP administrator or functional consultant if you suspect configuration issues.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions on how to perform year-end closing and fiscal year changes in asset accounting.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AJAB: Year-end closing for asset accounting.
  OB52: Open and close posting periods.
  S_ALR_87011990: Asset history sheet report, which can help in reviewing asset transactions.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to fiscal year changes and year-end closing processes.
  
  
  User Roles: Ensure that you have the necessary authorizations to perform year-end closing and fiscal year changes in the system.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a qualified SAP consultant for further assistance.