How To Fix AA709 - Target fiscal year specifications & wrong for company code &

AA709 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 709

• Message text: Target fiscal year specifications & wrong for company code &

What causes this issue?

The requested fiscal year &V1& is <ZH>not</> the fiscal year that
directly follows the current or fiscal year just finished in company
code &V2&.

System Response

The asset reconciliation accounts are <ZH>not</> processed in the
company code &V2&.

How to fix this error?

Correct your entry.

Procedure for System Administrators

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.

AA709 - Details

• The SAP error message AA709 typically indicates an issue with the fiscal year specifications for a company code in the Asset Accounting (AA) module. This error can occur when there is a mismatch or incorrect configuration related to the fiscal year settings for the specified company code.
  
  Cause:
  
  Incorrect Fiscal Year Variant: The fiscal year variant assigned to the company code may not match the fiscal year settings in the Asset Accounting configuration.
  Missing or Incorrect Configuration: The fiscal year settings for the asset accounting may not be properly defined for the company code in question.
  Period Locking: The fiscal year or periods may be locked, preventing transactions from being processed.
  Data Entry Errors: There may be errors in the data entry for asset transactions that reference the wrong fiscal year or company code.
  
  
  Solution:
  
  
  Check Fiscal Year Variant:
  
  Go to the configuration settings in SAP (Transaction Code: OAVC) and verify that the fiscal year variant assigned to