How To Fix ACEPS060 - Processing not possible on &1 - fiscal year &2 already completed

SAP Error Message - Details

• Message type: E = Error

• Message class: ACEPS - Fehlermeldungen Abgrenzungsbuchungen

• Message number: 060

• Message text: Processing not possible on &1 - fiscal year &2 already completed

What causes this issue?

Processing has been terminated, as date &V1& in company code &V3& falls
in a fiscal year that has already been closed in the Accrual Engine.

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?

Correct date &V1& or open fical year &V2& for company code &V3& in the
Accrual Engine.

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 ACEPS060 - Processing not possible on &1 - fiscal year &2 already completed ?

  The SAP error message ACEPS060 indicates that a processing action cannot be completed because the fiscal year specified has already been completed. This typically occurs in financial or controlling modules when trying to post transactions or make changes to data in a fiscal year that has been closed.
  
  Cause:
  
  Closed Fiscal Year: The primary cause of this error is that the fiscal year you are trying to process is already closed. In SAP, once a fiscal year is closed, no further postings or changes can be made to that year.
  Configuration Settings: The system settings may prevent any changes to closed periods, which is a common practice to ensure data integrity and compliance with accounting standards.
  Posting Periods: The posting periods for the fiscal year may have been set to "closed" in the configuration, preventing any transactions from being recorded.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year in question. You can