How To Fix AA288 - Last fiscal year & for insurance fiscal year change reached

AA288 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 288

• Message text: Last fiscal year & for insurance fiscal year change reached

What causes this issue?

The current fiscal year &V1& is already being displayed. For value as
new insurance, the system cannot display any values after the current
fiscal year.

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?

For current market value insurance, you can carry out a simulation of
the appropriate depreciation area, with value field display. For value
as new insurance, the system does not support any simulations in the
future.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA288 - Last fiscal year & for insurance fiscal year change reached ?

  The SAP error message AA288, which states "Last fiscal year & for insurance fiscal year change reached," typically occurs in the context of Asset Accounting (FI-AA) when you attempt to perform an action that is not allowed because the fiscal year has already been closed. This error is particularly relevant in scenarios involving insurance companies or organizations that have specific fiscal year requirements.
  
  Cause:
  
  Closed Fiscal Year: The most common cause of this error is that the fiscal year you are trying to post to has already been closed. In SAP, once a fiscal year is closed, no further postings can be made to that year.
  Insurance Fiscal Year Change: This error can also occur if there is a specific configuration related to the insurance fiscal year that has been reached, meaning that the system is preventing changes or postings to that period.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year