How To Fix AC171 - Closed fiscal year is not in the past

AC171 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 171

• Message text: Closed fiscal year is not in the past

What causes this issue?

Closed fiscal year &V2& has to be before the current fiscal year &V1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Correct your specifications.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC171 - Closed fiscal year is not in the past ?

  The SAP error message AC171, "Closed fiscal year is not in the past," typically occurs when you attempt to post a transaction or make changes to asset accounting in a fiscal year that has already been closed. This error is a safeguard to prevent changes to financial data in periods that should be finalized.
  
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to post to has been closed in the system, meaning that no further postings should be allowed.
  Incorrect Date: The posting date you are using falls within a closed fiscal year.
  
  Configuration Issues: There may be configuration settings that are not allowing postings to be made in the desired fiscal year.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year in question. You can do this by navigating to the relevant configuration settings in SAP (Transaction Code: OB52) to see which periods are open or closed.
  Use a Valid Posting