How To Fix AC432 - You are not allowed to increase to a later fiscal year

AC432 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 432

• Message text: You are not allowed to increase to a later fiscal year

What causes this issue?

You set the fiscal year to the next fiscal year. This is not allowed,
since this function represents the selective taking back of the
year-end closing of the depreciation areas.

System Response

The entry is ignored, and the original contents are restored.

How to fix this error?

Close the fiscal year using the year-end closing program. This program
automatically increases the fiscal year.
<DS:TRAN.AJAB>Carry out year-end closing</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC432 - You are not allowed to increase to a later fiscal year ?

  The SAP error message AC432, "You are not allowed to increase to a later fiscal year," typically occurs in the context of asset accounting when a user attempts to make a change that would affect the asset's values or settings in a fiscal year that is later than the current fiscal year. This restriction is in place to maintain the integrity of financial data and ensure compliance with accounting principles.
  
  Cause:
  
  Fiscal Year Restrictions: The system is designed to prevent changes to asset values or settings that could affect financial reporting in future fiscal years. This is to avoid discrepancies and ensure that all financial data is accurate and consistent.
  Closed Fiscal Year: If the fiscal year has been closed, any attempts to make changes that would affect that year or subsequent years will trigger this error.
  Authorization Issues: The user may not have the necessary permissions to make changes to asset accounting for