How To Fix AA456 - New asset value date is in another fiscal year

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 456

• Message text: New asset value date is in another fiscal year

What causes this issue?

You entered an asset value date. This asset value date is in a
different fiscal year from the original.

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?

Check the asset value date you entered, or your fiscal year
version.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA456 - New asset value date is in another fiscal year ?

  The SAP error message AA456, which states "New asset value date is in another fiscal year," typically occurs when you are trying to post a transaction related to an asset (such as an acquisition, transfer, or retirement) that has a value date falling in a different fiscal year than the one currently open in the system.
  
  Cause:
  
  Fiscal Year Closure: The fiscal year for the asset may have been closed, and you are attempting to post a transaction with a value date that falls into that closed fiscal year.
  Incorrect Value Date: The value date you are trying to use for the asset transaction is set to a date that is not within the currently open fiscal year.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict posting to certain fiscal years.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year in which you are trying to post