How To Fix AA716 - You still have to post to period & in area & according to posting cycle

AA716 - Overview

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 716

• Message text: You still have to post to period & in area & according to posting cycle

What causes this issue?

Depreciation posting is not possible in the specified period, as a
posting period will be missed.

System Response

No posting will be performed in this period.

How to fix this error?

According to the posting cycle, posting must take place to a period
which is earlier than the period specified. You must either enter the
period corresponding to the posting cycle or you must skip the
connecting periods check.

Error message extract from SAP system. Copyright SAP SE.

AA716 - Details

• 
  Cause:
  SAP error message AA716 occurs when you try to post a transaction in Asset Accounting, but the posting period is not open or the posting cycle is not complete.
  
  Solution:
  To resolve this error, you need to check the following:
  
  
  Check if the posting period is open for the area and company code. If not, you need to open the posting period.
  
  
  Check if the posting cycle is complete for the area and company code. If not, you need to complete the posting cycle.
  
  
  Check if there are any errors in the transaction data. If there are errors, you need to correct them before posting.
  
  
  Check if there are any authorization issues. If there are authorization issues, you need to contact your system administrator.
  
  
  
  Related Information:
  The error message AA716 is related to Asset Accounting in SAP. Asset Accounting is a sub-module of Financial Accounting (FI) that manages fixed assets such as buildings, machinery, and vehicles. In SAP,