AA787 - Fiscal year & does not exist on fixed asset &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 787

• Message text: Fiscal year & does not exist on fixed asset &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

AnswerBot

• What is the cause and solution for SAP error message AA787 - Fiscal year & does not exist on fixed asset & ?

  The SAP error message AA787 indicates that the fiscal year specified does not exist for the fixed asset in question. This error typically arises when you attempt to perform an operation (like posting an asset transaction) for a fiscal year that has not been defined in the system for the asset.
  Cause:
  
  Fiscal Year Not Defined: The fiscal year you are trying to use for the asset has not been set up in the system.
  Asset Master Data: The asset master data may not have the correct fiscal year settings.
  Posting Periods: The posting periods for the fiscal year may not be open or defined correctly in the system.
  
  Solution:
  
  
  Check Fiscal Year Settings:
  
  Go to the Asset Accounting configuration (Transaction code: OAAQ) and check if the fiscal year is defined for the company code associated with the asset.
  Ensure that the fiscal year variant assigned to the company code includes the year you are trying to post.
  
  
  
  Review Asset Master Data:
  
  Use transaction code AS03 to display the asset master data and verify the fiscal year settings.
  Ensure that the asset is correctly assigned to the fiscal year variant.
  
  
  
  Check Posting Periods:
  
  Go to transaction code OB52 to check the posting periods for the relevant fiscal year.
  Ensure that the posting period for the fiscal year is open for posting.
  
  
  
  Adjust Asset Transactions:
  
  If the fiscal year is indeed closed or not defined, you may need to adjust your transaction to a valid fiscal year or open the necessary posting periods.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configurations related to your organization’s setup.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  OAAQ: Define Fiscal Year Variants
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to this error.
  User Authorization: Ensure that you have the necessary authorizations to view and modify asset master data and posting periods.
  
  By following these steps, you should be able to resolve the AA787 error and successfully post transactions for the fixed asset in question.