How To Fix ACC_AA214 - CoCd &1: Fiscal year in depreciation area &3 is not yet closed

ACC_AA214 - Overview

• Message type: E = Error

• Message class: ACC_AA - Message Class for Function Group ACC_AA

• Message number: 214

• Message text: CoCd &1: Fiscal year in depreciation area &3 is not yet closed

What causes this issue?

The fiscal year &V2& in depreciation area &V3& in company code &V1& is
<ZH>not</> yet closed.
Before installing SAP Simple Finance, the fiscal year &V2& must be
closed for all depreciation areas of the company code.

System Response

SAP Simple Finance can<ZH>not</> be installed. It will <ZH>not</> be
possible to migrate documents.

How to fix this error?

Close fiscal year &V2& for depreciation area &V3& in company code &V1&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACC_AA214 - CoCd &1: Fiscal year in depreciation area &3 is not yet closed ?

  The SAP error message ACC_AA214 indicates that the fiscal year in a specific depreciation area has not yet been closed for the company code specified. This error typically arises when you attempt to perform an action (like posting an asset transaction) that requires the fiscal year to be closed in the depreciation area.
  
  Cause:
  
  Open Fiscal Year: The fiscal year for the specified depreciation area is still open, meaning that transactions can still be posted to that year.
  Depreciation Area Settings: The settings for the depreciation area may not have been configured to close the fiscal year.
  Posting Period: The posting period may not be set correctly, allowing postings to an open fiscal year.
  
  
  Solution:
  
  
  Close the Fiscal Year:
  
  Navigate to the Asset Accounting module in SAP.
  Use transaction code AJAB to close the fiscal year for the relevant company code and depreciation area.
  Ensure that all necessary postings for the fiscal year have been completed before closing.
  
  
  
  Check Depreciation