How To Fix AC293 - CAUTION: More than one fiscal year processed (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 293

• Message text: CAUTION: More than one fiscal year processed (see long text)

What causes this issue?

When you reset company code &V1&, the line items of more than one
fiscal year are deleted. This can cause problems, especially if fiscal
years are already closed. The earliest fiscal year in the system that
has asset values is the year &V2&.
After processing is complete, recalculate values (transaction AFAR)
starting from year &V2&. It is not possible to recalculate values for
closed fiscal years. This means, if there are closed fiscal years
between the year &V2& and the current fiscal year, or if the year &V2&
itself is closed, you have to re-open these fiscal years before you
recalculate depreciation.

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?

When the processing is complete, execute a recalculation of values
starting with &V2&. Make sure that all years are open. If there are
problems afterward, reset the company code completely, in order to
prevent later problems due to data inconsistencies.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC293 - CAUTION: More than one fiscal year processed (see long text) ?

  The SAP error message AC293, which states "CAUTION: More than one fiscal year processed (see long text)," typically occurs in the context of Asset Accounting (FI-AA) when there are inconsistencies or issues related to the processing of asset transactions across multiple fiscal years.
  Cause:
  
  
  Multiple Fiscal Year Transactions: The error usually arises when transactions are being processed that affect more than one fiscal year. This can happen if:
  
  Year-end closing procedures have not been completed properly.
  There are open periods in multiple fiscal years, and transactions are being posted that span these periods.
  There are inconsistencies in the asset master data or transaction data that relate to different fiscal years.
  
  
  
  Configuration Issues: Sometimes, the configuration settings in the asset accounting module may not be set up correctly, leading to this error.
  
  
  Posting Periods: If the posting periods for the fiscal years are not correctly defined or if there are open periods in the system that allow for posting in multiple years, this error can occur.
  
  
  Solution:
  
  
  Check Posting Periods: Ensure that the posting periods for the fiscal years are correctly defined and that the system is configured to prevent postings in closed periods. You can do this by navigating to:
  
  Transaction Code: OB52 (to check and maintain posting periods).
  
  
  
  Review Asset Transactions: Look for any asset transactions that may have been posted incorrectly across fiscal years. You can use transaction codes like:
  
  AW01N (Asset Explorer) to review asset transactions.
  S_ALR_87011963 (Asset History Sheet) to analyze asset postings.
  
  
  
  Year-End Closing: Ensure that the year-end closing process has been completed for the previous fiscal year. This includes running the necessary closing programs and ensuring that all transactions for the year have been posted.
  
  
  Correct Configuration: Review the configuration settings in Asset Accounting to ensure they are set up correctly. This includes checking the settings for fiscal year variants and posting periods.
  
  
  Consult Documentation: Refer to the long text of the error message for specific guidance related to your system configuration and the nature of the transactions being processed.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on resolving it.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP FI-AA, such as:
  
  AS01 (Create Asset)
  AS02 (Change Asset)
  AS03 (Display Asset)
  ABT1N (Transfer within Company Code)
  
  
  
  SAP Help Portal: Utilize the SAP Help Portal for detailed documentation on Asset Accounting and related error messages.
  
  
  User Forums and Communities: Engage with SAP user communities or forums for shared experiences and solutions from other users who may have encountered the same issue.
  
  
  By following these steps, you should be able to identify the cause of the AC293 error and implement the necessary solutions to resolve it.