How To Fix AA689 - Posting has already been performed in the last posting period &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 689

• Message text: Posting has already been performed in the last posting period &

What causes this issue?

Posting has already been performed to the last posting period &V1& in
fiscal year &V2&. You can only perform repeat runs in this period.

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 your entries. Since postings have been made to the last posting
period, you can either perform a repeat run in this period, or post to
a new fiscal year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA689 - Posting has already been performed in the last posting period & ?

  The SAP error message AA689 indicates that a posting has already been performed in the last posting period for an asset. This typically occurs when you attempt to post a transaction (such as an asset acquisition, transfer, or retirement) in a period that has already been closed for posting in the Asset Accounting module.
  Cause:
  
  Closed Posting Period: The most common cause is that the posting period you are trying to use for the transaction is already closed. In SAP, once a period is closed, no further postings can be made to that period.
  Incorrect Period Selection: You may have selected the wrong period for the posting.
  Configuration Settings: The system settings may restrict postings to certain periods based on company policies or configurations.
  
  Solution:
  
  Check Posting Period: Verify the posting period you are trying to use. Ensure that it is open for posting. You can check this in the transaction code OB52 (Change View "Posting Periods": Overview).
  Open the Period: If you need to post in a closed period, you may need to temporarily open that period in the configuration settings. This should be done with caution and typically requires authorization.
  Post in the Correct Period: If the period is closed and cannot be opened, you will need to post the transaction in the next open period.
  Consult with Finance Team: If you are unsure about the implications of opening a closed period, consult with your finance or accounting team to ensure compliance with accounting policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To check and change the posting periods.
  AS01: To create an asset.
  AS02: To change an asset.
  AS03: To display an asset.
  
  
  Documentation: Refer to SAP Help documentation for Asset Accounting for detailed information on posting periods and asset transactions.
  User Authorizations: Ensure that you have the necessary authorizations to perform the actions required to resolve this error.
  
  Best Practices:
  
  Regularly review and manage your posting periods to avoid issues with closed periods.
  Communicate with your finance team about any necessary adjustments to posting periods to ensure compliance with accounting standards.
  Always document any changes made to posting periods for audit purposes. 
  
  By following these steps, you should be able to resolve the AA689 error and successfully post your asset transactions.