How To Fix AA328 - Posting not possible (Posting yr.earlier than capitalization yr.)

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 328

• Message text: Posting not possible (Posting yr.earlier than capitalization yr.)

What causes this issue?

Asset &V1& &V2& was first capitalized on &V3&.

System Response

The transaction is rejected.

How to fix this error?

Check the asset value date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA328 - Posting not possible (Posting yr.earlier than capitalization yr.) ?

  The SAP error message AA328 ("Posting not possible (Posting year earlier than capitalization year)") typically occurs in the Asset Accounting (FI-AA) module when you attempt to post a transaction for an asset in a fiscal year that is earlier than the year in which the asset was capitalized. This is a safeguard to ensure that asset transactions are recorded in the correct accounting periods.
  Cause:
  
  Capitalization Year: The asset was capitalized in a specific fiscal year, and any postings (such as depreciation, transfers, or adjustments) cannot be made in a year prior to that capitalization year.
  Posting Date: The posting date of the transaction you are trying to execute is set to a year that is earlier than the year the asset was capitalized.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Capitalization Year:
  
  Go to the Asset Master Record (transaction code AS03) and check the capitalization year of the asset in question. This will help you identify the earliest year in which postings can be made.
  
  
  
  Adjust the Posting Date:
  
  Change the posting date of your transaction to a date that is equal to or later than the capitalization year of the asset. This can be done in the transaction where you are trying to post (e.g., asset acquisition, depreciation posting, etc.).
  
  
  
  Review Posting Periods:
  
  Ensure that the posting period is open for the fiscal year you are trying to post to. You can check this in the transaction code OB52 (Maintain Posting Periods).
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct posting date or if there are specific business rules regarding asset postings, consult with your finance or accounting team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  AS01: Create Asset Master Record
  AS02: Change Asset Master Record
  OB52: Maintain Posting Periods
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error message.
  
  
  Documentation: Review SAP documentation on Asset Accounting for more details on asset postings and the rules governing them.
  
  
  By following these steps, you should be able to resolve the AA328 error and successfully post your transaction.