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 the transaction. If the fiscal year is closed, you may need to reopen it or post the transaction in the correct fiscal year.
  Adjust Value Date: Change the value date of the transaction to a date that falls within the currently open fiscal year.
  Transaction Type: Ensure that the transaction type you are using allows for postings in the desired fiscal year.
  Consult with Finance Team: If you are unsure about the fiscal year settings or need to make changes, consult with your finance or accounting team to ensure compliance with accounting policies.
  SAP Configuration: If necessary, review the configuration settings in the Asset Accounting module to ensure that they are set up correctly for your organization’s fiscal year settings.
  
  Related Information:
  
  Transaction Codes: You may encounter this error while using transaction codes such as AS01 (Create Asset), AS02 (Change Asset), or ABZON (Transfer within Company Code).
  Fiscal Year Variant: Check the fiscal year variant assigned to your company code and ensure it aligns with your asset transactions.
  SAP Notes: Look for relevant SAP Notes or documentation that may provide additional insights or updates related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to post transactions in the asset accounting module.
  
  By addressing the above points, you should be able to resolve the AA456 error and successfully post your asset-related transactions.