How To Fix AC573 - Asset value date has to be in fiscal year open to posting

AC573 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 573

• Message text: Asset value date has to be in fiscal year open to posting

What causes this issue?

You entered asset value date &V1& for determining the net book value.
This date is <ZH>not</> in a fiscal year that can be posted to.
Either the fiscal year of the asset value date is already closed in
Asset Accounting, or it has <ZH>not</> yet been opened.

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?

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 AC573 - Asset value date has to be in fiscal year open to posting ?

  The SAP error message AC573 indicates that the asset value date you are trying to use for a transaction is not within a fiscal year that is open for posting. This typically occurs when you attempt to post an asset transaction (like acquisition, transfer, or retirement) with a value date that falls in a closed fiscal year.
  
  Cause:
  
  Closed Fiscal Year: The fiscal year for the value date you are trying to use has been closed in the system, meaning no further postings can be made for that year.
  Incorrect Value Date: The value date you entered may be incorrect or not aligned with the current fiscal year settings.
  Posting Period Settings: The posting periods for the asset accounting may not be open for the specified date.
  
  
  Solution:
  
  
  Check Fiscal Year Status:
  
  Go to the transaction code OB52 to check the status of the fiscal year and the posting periods. Ensure that the fiscal year you are