How To Fix AU253 - The takeover date & is before the end of the previous fiscal year.

AU253 - Overview

• Message type: E = Error

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

• Message number: 253

• Message text: The takeover date & is before the end of the previous fiscal year.

What causes this issue?

It is not possible to take over old data during the fiscal year in the
proevious fiscal year.

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?

Transfer data from your previous system either in the current
fiscal year or at the end of the previous fiscal year.

Error message extract from SAP system. Copyright SAP SE.

AU253 - Details

• The SAP error message AU253 indicates that there is an issue with the takeover date being set before the end of the previous fiscal year. This typically occurs in the context of asset accounting when you are trying to post an asset acquisition or transfer with a takeover date that is not valid according to the fiscal year settings in the system.
  
  Cause:
  
  Invalid Takeover Date: The takeover date you are trying to enter is earlier than the last day of the previous fiscal year. For example, if the fiscal year ends on December 31, 2022, and you are trying to enter a takeover date of January 1, 2022, this will trigger the error.
  Fiscal Year Settings: The fiscal year variant settings in SAP may not allow postings to be made for periods that are closed.
  Asset Accounting Configuration: The configuration settings for asset accounting may restrict the posting of transactions to certain periods.
  
  
  Solution:
  
  Check