How To Fix AC199 - Closed fiscal year does not agree with legacy data transfer date

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 199

• Message text: Closed fiscal year does not agree with legacy data transfer date

What causes this issue?

The closed fiscal year &V1& does not match the date of the legacy data
transfer &V2&:
If you wish to carry out a transfer during the fiscal year, the date of
the legacy data transfer has to be in the year following the closed
fiscal year.
Example: Transfer date 07.01., closed fiscal year: Previous Year
In any other cases the transfer date has to be the last day of the last
closed fiscal year.
Example: Transfer date 12.31., closed fiscal year:
Current Year

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 entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC199 - Closed fiscal year does not agree with legacy data transfer date ?

  The SAP error message AC199, which states "Closed fiscal year does not agree with legacy data transfer date," typically occurs during the process of transferring legacy data into the SAP system, particularly in the context of asset accounting. This error indicates that the fiscal year you are trying to use for the data transfer is closed, and therefore, the system does not allow any postings or changes to be made for that period.
  Cause:
  
  Closed Fiscal Year: The fiscal year you are attempting to use for the legacy data transfer has been closed in the system. This means that no further transactions can be posted to that year.
  Incorrect Transfer Date: The date you are using for the legacy data transfer does not align with an open fiscal year in the SAP system.
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict postings to closed fiscal years.
  
  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.
  Adjust Transfer Date: If the fiscal year is closed, you will need to adjust the legacy data transfer date to a period that is open. This may involve changing the date in your legacy data transfer file or adjusting the posting date in the transaction.
  Open the Fiscal Year Temporarily: If necessary, you can temporarily open the closed fiscal year for the purpose of the data transfer. However, this should be done with caution and typically requires appropriate authorization. After the transfer, you can close the fiscal year again.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidelines on handling legacy data transfers and fiscal year settings.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To check and modify the open and closed periods for financial accounting.
  AS91: To create legacy assets in SAP.
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error.
  User Authorization: Ensure that you have the necessary authorizations to make changes to fiscal year settings or to perform legacy data transfers.
  
  By following these steps, you should be able to resolve the AC199 error and successfully complete your legacy data transfer in SAP.