How To Fix AA703 - Company code is not in the last posting period
AA703 - Overview
Message type: E = Error
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Message class:
AA - Messages for Asset Accounting -
Message number: 703
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Message text: Company code is not in the last posting period
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What causes this issue?
The company code is <ZH>not</> in the last posting period of the fiscal
year.
For company codes that are <ZH>not</> in test mode, the following
applies: The next direct fiscal year in Asset Accounting can only be
opened at any time in the new year or in last period of the old year.System Response
The asset reconciliation accounts are <ZH>not</> processed in the
company code.How to fix this error?
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Procedure for System Administrators
Error message extract from SAP system. Copyright SAP SE.
AA703 - Details
Error Code: AA703
Error Message: Company code is not in the last posting period
Summary
This error means that the company code you are trying to post to is not currently set to the last open posting period in the system. Essentially, the system expects postings only in the most recent open period, and your posting attempt is outside that range.
Root Causes
- The posting period for the company code is not correctly set or updated in the fiscal year variant.
- The company code's posting period is closed or locked for the period you are trying to post.
- User is attempting to post in an earlier or future period that is not the last open posting period.
- Incorrect configuration of posting period variants or authorization restrictions preventing posting in the desired period.
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