How To Fix AA669 - Fiscal year & is already closed in Financial Accounting.

AA669 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 669

• Message text: Fiscal year & is already closed in Financial Accounting.

What causes this issue?

You have initiated a recalculation of asset values for fiscal year
&V1&. However, fiscal year &V1& is still open is Asset Accounting,
but not in Financial Accounting.

System Response

Due to this inconsistency between the General Ledger and the the
subsidiary ledger, processing is terminated.

How to fix this error?

Close fiscal year &V1& in Asset Accounting as well.

Error message extract from SAP system. Copyright SAP SE.

AA669 - Details

• The SAP error message AA669 indicates that you are trying to post an asset transaction in a fiscal year that has already been closed in Financial Accounting (FI). This typically occurs when you attempt to make adjustments or post transactions related to fixed assets in a fiscal year that is no longer open for posting.
  
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to post to has been closed in the system, meaning no further postings can be made to that year.
  Configuration Settings: The system settings may prevent postings to closed periods, which is a standard practice to ensure the integrity of financial data.
  Transaction Type: The type of transaction you are trying to post may not be allowed in a closed fiscal year.
  
  
  Solution:
  
  
  Open the Fiscal Year: If it is necessary to post to the closed fiscal year, you can open the fiscal year again. This is typically done by a