How To Fix AU067 - No year-end close is necessary for company code &

AU067 - Overview

• Message type: E = Error

• Message class: AU - FI-AA utility program error messages

• Message number: 067

• Message text: No year-end close is necessary for company code &

What causes this issue?

The fiscal year &V2& is already closed for company code &V1&.
It is not necessary to perform a year-end closing.

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?

Check the last closed fiscal year (Application menu:
<LS>Periodic processing -> Year-end closing -> Reverse</>).

Error message extract from SAP system. Copyright SAP SE.

AU067 - Details

• The SAP error message AU067 ("No year-end close is necessary for company code &") typically occurs when you attempt to perform a year-end closing process for a company code that does not require it. This can happen for several reasons, and understanding the cause and solution can help you address the issue effectively.
  
  Cause:
  
  Company Code Status: The company code may not have any financial transactions that require a year-end closing. This can happen if the company code is newly created and has not yet been used for any transactions.
  Fiscal Year Settings: The fiscal year settings for the company code may indicate that it is not necessary to perform a year-end close. This can be due to the fiscal year variant or the configuration settings in the system.
  No Open Periods: If there are no open periods in the fiscal year for the company code, the system may determine that a year-end close