How To Fix AC299 - Reset not possible, there is more than one fiscal year

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 299

• Message text: Reset not possible, there is more than one fiscal year

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message AC299 - Reset not possible, there is more than one fiscal year ?

  The SAP error message AC299, which states "Reset not possible, there is more than one fiscal year," typically occurs in the context of Asset Accounting (FI-AA) when you attempt to reset an asset or a group of assets that have transactions recorded in multiple fiscal years. This error indicates that the system cannot perform the reset operation because it would affect multiple fiscal years, which is not allowed.
  Cause:
  
  Multiple Fiscal Years: The primary cause of this error is that the asset has transactions recorded in more than one fiscal year. The reset operation is designed to reverse all transactions for an asset, and since there are transactions in different fiscal years, the system prevents this action to maintain data integrity.
  Transaction Types: Certain transactions, such as acquisitions, retirements, or adjustments, may have been posted in different fiscal years, leading to this error when trying to reset.
  
  Solution:
  To resolve the AC299 error, you can consider the following approaches:
  
  
  Check Transactions: Review the asset's transaction history to identify which fiscal years have postings. You can do this by using transaction codes like AW01N (Asset Explorer) to view the asset's details and transaction history.
  
  
  Reset in Stages: If you need to reset the asset, you may need to do it in stages:
  
  First, reset the transactions for the most recent fiscal year.
  Then, proceed to the previous fiscal year, and so on, until all relevant fiscal years are addressed.
  
  
  
  Manual Adjustments: If resetting is not feasible due to the complexity of transactions, consider making manual adjustments or corrections to the asset's values instead of a full reset.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on handling asset resets and managing transactions across fiscal years.
  
  
  Seek Help from SAP Support: If the issue persists or if you are unsure about the implications of resetting assets across fiscal years, consider reaching out to SAP support or your internal SAP team for assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AW01N: Asset Explorer
  AB08: Unplanned Depreciation
  ABAVN: Asset Retirement
  ABT1N: Transfer within Company Code
  
  
  Fiscal Year Settings: Understand your company's fiscal year settings and how they impact asset accounting.
  Data Integrity: Always ensure that any changes made to asset accounting are in compliance with your organization's financial policies and data integrity requirements.
  
  By following these steps, you should be able to address the AC299 error and manage your asset accounting effectively.