How To Fix AU175 - Not possible to reset balance carryforward in ccode &1 for closed year &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 175

• Message text: Not possible to reset balance carryforward in ccode &1 for closed year &2

What causes this issue?

You have tried to execute the balance carryforward with the option <LS>
Reset Balance Carryforward</> in company code &V1&.
However, this is <ZH>not</> possible as fiscal year &V2& is already
closed in Asset Accounting.

System Response

The balance carryforward can<ZH>not</> be executed with this option.

How to fix this error?

Delete the indicator <LS>Reset Balance Carryforward</> and restart the
balance carryforward.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU175 - Not possible to reset balance carryforward in ccode &1 for closed year &2 ?

  The SAP error message AU175 indicates that there is an issue with resetting the balance carryforward for a closed fiscal year in a specific company code. This typically occurs when you attempt to perform a carryforward operation or reset balances for a fiscal year that has already been closed, which is not allowed in SAP.
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to reset the balance carryforward for has already been closed. In SAP, once a fiscal year is closed, you cannot make changes to the financial data for that year.
  Incorrect Configuration: There may be configuration settings that are preventing the carryforward from being reset.
  Posting Periods: The posting periods for the fiscal year may be closed, which restricts any further postings or adjustments.
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year in question. If it is closed, you will need to open it again if you need to make adjustments. This can be done through transaction code OB52 (Open and Close Posting Periods).
  Adjust Configuration: If you need to reset the balance carryforward, ensure that the configuration allows for this operation. You may need to consult with your SAP FI consultant to review the settings.
  Use Correct Transactions: Ensure that you are using the correct transaction codes for carryforward operations. For example, use AJAB for balance carryforward.
  Consult Documentation: Review SAP documentation or notes related to balance carryforward and fiscal year closing to ensure compliance with best practices.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB52: Open and Close Posting Periods
  AJAB: Carryforward Balances
  
  
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional guidance.
  User Authorization: Ensure that you have the necessary authorizations to perform carryforward operations and to open closed fiscal years.
  
  By following these steps, you should be able to address the AU175 error and successfully manage your balance carryforward processes in SAP.