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

AU157 - Overview

• 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.

AU157 - Details

• 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