How To Fix AA968 - Asset value date &1 is changed to fiscal year start &2

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 968

• Message text: Asset value date &1 is changed to fiscal year start &2

What causes this issue?

You must use the start of fiscal year &V2& as the asset value date for
legacy data transfer transaction types for the past.

System Response

The system automatically sets the asset value date for legacy data
transfer transactions to the beginning of fiscal year &V2&.

How to fix this error?

Check the transaction type. If necessary correct the transaction type
and the asset value date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA968 - Asset value date &1 is changed to fiscal year start &2 ?

  The SAP error message AA968 indicates that the asset value date has been changed to the fiscal year start date. This typically occurs when you are trying to post an asset transaction (such as acquisition, transfer, or retirement) that has a value date that is not valid according to the fiscal year settings in the system.
  Cause:
  
  Value Date Issue: The value date you are trying to use for the asset transaction is outside the allowed range for the fiscal year. SAP automatically adjusts it to the start of the fiscal year.
  Fiscal Year Settings: The fiscal year settings in the system may not allow transactions to be posted with value dates that are not aligned with the fiscal year.
  Transaction Type: Certain asset transactions may have restrictions on the value dates that can be used.
  
  Solution:
  
  Check Value Date: Review the value date you are trying to use for the asset transaction. Ensure that it falls within the allowed range for the fiscal year.
  Adjust Transaction Date: If the value date is incorrect, adjust it to a valid date within the fiscal year.
  Review Fiscal Year Settings: Check the fiscal year settings in the Asset Accounting (FI-AA) configuration to ensure they are set up correctly.
  Consult Documentation: Refer to SAP documentation or your organization's SAP support team for specific guidelines on asset transactions and fiscal year settings.
  Use Transaction Codes: You can use transaction codes like AS01 (Create Asset), AS02 (Change Asset), or AS03 (Display Asset) to review and adjust asset details.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Transaction Logs: Review transaction logs for any additional error messages or warnings that may provide more context.
  User Authorization: Ensure that you have the necessary authorizations to perform asset transactions, as restrictions may also lead to unexpected behavior.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.