How To Fix AU157 - Year is before the last closed fiscal year

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 157

• Message text: Year is before the last closed fiscal year

What causes this issue?

The fiscal year entered is before the last closed fiscal year &v2& of
company code &v1&. Insurable values were calculated for the years &v3&
to &v2&.

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 AU157 - Year is before the last closed fiscal year ?

  The SAP error message AU157 ("Year is before the last closed fiscal year") typically occurs when you attempt to post a transaction in a fiscal year that is earlier than the last closed fiscal year in the system. This is a common issue in financial accounting and controlling modules when the system is configured to prevent postings to prior periods to maintain data integrity.
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to post to has been closed in the system, meaning that no further postings are allowed for that year.
  Configuration Settings: The system settings may restrict postings to periods that are not open, which is a standard practice to prevent errors in financial reporting.
  Posting Date: The posting date of the transaction is set to a year that is earlier than the last closed fiscal year.
  
  Solution:
  
  
  Check Fiscal Year Status: Verify the status of the fiscal year you are trying to post to. You can do this by checking the fiscal year variant settings in the configuration.
  
  Navigate to SPRO ? Financial Accounting ? Financial Accounting Global Settings ? Fiscal Year ? Define Fiscal Year Variants.
  Ensure that the fiscal year you are trying to post to is open.
  
  
  
  Change Posting Date: If the posting date is incorrect, change it to a valid date within an open fiscal year. Ensure that the date falls within the allowed posting periods.
  
  
  Open the Fiscal Year: If you need to post to a closed fiscal year for any reason (e.g., adjustments, corrections), you may need to temporarily open that fiscal year. This should be done with caution and typically requires authorization.
  
  Navigate to SPRO ? Financial Accounting ? Financial Accounting Global Settings ? Fiscal Year ? Open and Close Fiscal Year.
  Open the fiscal year for the necessary period, perform the required postings, and then close it again.
  
  
  
  Consult with Finance Team: If you are unsure about the implications of opening a closed fiscal year, consult with your finance or accounting team to ensure compliance with accounting policies.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any specific updates or patches related to this error message. Sometimes, there may be specific configurations or known issues documented by SAP.
  User Authorization: Ensure that you have the necessary authorizations to perform the actions required to resolve this issue.
  Documentation: Review SAP documentation or training materials related to fiscal year management and posting periods for a better understanding of how to manage fiscal years in SAP.
  
  By following these steps, you should be able to resolve the AU157 error and proceed with your postings in SAP.