How To Fix AA706 - Fiscal year change already performed in comp.code &

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 706

• Message text: Fiscal year change already performed in comp.code &

What causes this issue?

A fiscal year change for the target year specified has already been
performed for the company code entered.
A fiscal year change can only be performed once in a production run for
a fiscal year per company code.

System Response

This company code will not be processed. Processing will be continued
with the next company code requested.

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.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA706 - Fiscal year change already performed in comp.code & ?

  The SAP error message AA706 indicates that a fiscal year change has already been performed for the specified company code. This error typically arises when you attempt to execute a fiscal year change process in a company code where the change has already been completed.
  Cause:
  
  Fiscal Year Change Already Executed: The primary cause of this error is that the fiscal year change process has already been executed for the specified company code.
  Incorrect Execution: You may be trying to run the fiscal year change transaction (e.g., transaction code OAVC) again without realizing that it has already been processed.
  System Configuration: There may be inconsistencies in the configuration or settings related to the fiscal year change.
  
  Solution:
  
  
  Check Fiscal Year Status: Verify if the fiscal year change has indeed been performed for the company code in question. You can do this by checking the relevant settings in the Asset Accounting (AA) module.
  
  Use transaction code OAVC to check the fiscal year change status.
  Review the fiscal year settings in the configuration to confirm if the change has been applied.
  
  
  
  Review Change Logs: If you have access, check the change logs or history to see when the fiscal year change was executed and if there were any issues during that process.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal documentation regarding the fiscal year change process to ensure that you are following the correct procedures.
  
  
  Contact SAP Support: If you believe that the fiscal year change has not been executed or if you encounter discrepancies, consider reaching out to SAP support for assistance. They can provide insights based on the specific configuration of your system.
  
  
  Revert Changes (if applicable): If you have mistakenly executed the fiscal year change and need to revert it, consult with your SAP administrator or support team to understand the implications and the correct procedure to revert the change.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OAVC: For fiscal year change settings.
  OAYZ: For fiscal year change in Asset Accounting.
  
  
  
  Documentation: Review SAP Help documentation for Asset Accounting and fiscal year change processes to understand the implications and requirements.
  
  
  Testing in Development Environment: If you are unsure about the changes, consider testing the fiscal year change process in a development or sandbox environment before applying it to the production system.
  
  
  By following these steps, you should be able to resolve the AA706 error and understand the status of the fiscal year change for your company code.