How To Fix /ATL/ASSET118 - Last depreciation posting for fiscal year & is not complete

/ATL/ASSET118 - Overview

• Message type: E = Error

• Message class: /ATL/ASSET -

• Message number: 118

• Message text: Last depreciation posting for fiscal year & is not complete

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /ATL/ASSET118 - Last depreciation posting for fiscal year & is not complete ?

  The SAP error message /ATL/ASSET118 Last depreciation posting for fiscal year & is not complete typically indicates that there is an issue with the depreciation posting for an asset in the Asset Accounting (FI-AA) module. This error usually arises when the system detects that the last depreciation run for a specific fiscal year has not been completed or has encountered issues.
  
  Cause:
  
  Incomplete Depreciation Run: The last depreciation run for the specified fiscal year has not been executed or completed successfully.
  Posting Period Issues: The posting period for the asset may be closed or not open for the fiscal year in question.
  
  Configuration Issues: There may be configuration issues in the Asset Accounting settings that prevent the depreciation from being posted correctly.
  Missing Data: Required data for the asset may be missing or incorrect, preventing the system from completing the depreciation posting.
  
  
  Solution:
  
  
  Check Depreciation Run:
  
  Go to the transaction code AFAB (Run Depreciation) and check if the