How To Fix AU172 - Report date is in a closed fiscal year

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 172

• Message text: Report date is in a closed fiscal year

What causes this issue?

The report date is in the past.
Here the report date is allowed to be the end of the year as well as any
period end during the fiscal year.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

In an asset report during the fiscal year (report date for a period end
within the year) in a closed fiscal year, it can be the case that the
results for depreciation or the net book value are different between the
historical calculation and the current calculation for the report date.
The reason for this is if there were any changes to asset-related
depreciation terms, such as the depreciation key, useful life, and so
on. In the case of such changes, the asset values are recalculated with
the currently entered depreciation terms.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU172 - Report date is in a closed fiscal year ?

  The SAP error message AU172, which states "Report date is in a closed fiscal year," typically occurs when you attempt to run a report or transaction that involves a date falling within a fiscal year that has already been closed. This is a common issue in financial reporting and accounting processes within SAP.
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to report on has been closed in the system, meaning that no further postings or changes can be made for that year.
  Incorrect Date Selection: The date you selected for the report may inadvertently fall within a closed fiscal year.
  Configuration Settings: The system settings may restrict reporting on closed fiscal years to maintain data integrity and compliance.
  
  Solution:
  
  Change the Report Date: Adjust the date in your report to fall within an open fiscal year. This is the simplest solution if you do not need to report on the closed year.
  Open the Fiscal Year: If you need to access data from the closed fiscal year, you may consider reopening the fiscal year. This typically requires authorization and should be done with caution, as it can affect financial reporting and compliance.
  
  To reopen a fiscal year, you can use transaction code OB52 to adjust the posting periods.
  
  
  Consult with Finance Team: If you are unsure about the implications of reopening a fiscal year, consult with your finance or accounting team to ensure that it aligns with your organization's policies.
  Use Alternative Reports: If the report you are trying to run is not critical, consider using alternative reports or data extraction methods that do not require access to the closed fiscal year.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB52: To manage posting periods.
  S_ALR_87012301: For financial statements that may allow for different reporting options.
  
  
  SAP Notes: Check SAP Notes for any specific guidance or updates related to this error message.
  User Authorizations: Ensure that you have the necessary authorizations to change fiscal year settings or run specific reports.
  
  Best Practices:
  
  Always verify the fiscal year status before running reports.
  Maintain clear communication with your finance team regarding fiscal year closures and reporting needs.
  Document any changes made to fiscal year settings for future reference and compliance.
  
  By following these steps, you should be able to resolve the AU172 error and proceed with your reporting needs effectively.