How To Fix AY023 - Special depr. start in closed year. Should be after &V1&

SAP Error Message - Details

• Message type: E = Error

• Message class: AY - Deprec. simulation - maint. module (AIPS) /gen. master data

• Message number: 023

• Message text: Special depr. start in closed year. Should be after &V1&

What causes this issue?

The special depreciation start date &V2& was entered before &V1&. The
special depreciation start date &V2& is in a closed 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?

Check whether this change is correct.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY023 - Special depr. start in closed year. Should be after &V1& ?

  The SAP error message AY023 ("Special depr. start in closed year. Should be after &V1&") typically occurs when you attempt to post a special depreciation or an asset transaction in a fiscal year that has already been closed. This error indicates that the special depreciation you are trying to record is scheduled for a period that is not allowed because the fiscal year is already closed.
  Cause:
  
  Closed Fiscal Year: The primary cause of this error is that the fiscal year in which you are trying to post the special depreciation has been closed in the system.
  Incorrect Posting Date: The posting date for the special depreciation might be set to a date that falls within a closed fiscal year.
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict posting to closed periods.
  
  Solution:
  
  
  Check Fiscal Year Status: Verify the status of the fiscal year in which you are trying to post the special depreciation. If it is closed, you will need to either:
  
  Open the fiscal year (if your business processes allow for it).
  Post the special depreciation in the next open fiscal year.
  
  
  
  Adjust Posting Date: Change the posting date of the special depreciation to a date that falls within an open fiscal year.
  
  
  Review Asset Configuration: Ensure that the asset configuration allows for special depreciation postings in the intended periods. Check the settings in the Asset Accounting (FI-AA) module.
  
  
  Consult with Finance Team: If you are unsure about the implications of opening a closed fiscal year or changing posting dates, consult with your finance or accounting team to ensure compliance with accounting standards and practices.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as AS02 (Change Asset), AS03 (Display Asset), or AS11 (Create Asset) to manage asset postings.
  Fiscal Year Variant: Review the fiscal year variant settings in the configuration to understand the periods that are open or closed.
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or updates related to this error message.
  
  By following these steps, you should be able to resolve the AY023 error and successfully post the special depreciation.