How To Fix AY024 - Interest start date in closed year. Please check change.

AY024 - Overview

• Message type: E = Error

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

• Message number: 024

• Message text: Interest start date in closed year. Please check change.

What causes this issue?

The interest start date &V2& was entered before &V1&. The new interest
start date &V3& is no longer 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.

AY024 - Details

• The SAP error message AY024, which states "Interest start date in closed year. Please check change," typically occurs in the context of asset accounting when you are trying to post or change an asset transaction that involves interest calculations, and the interest start date falls within a fiscal year that has already been closed.
  
  Cause:
  
  Closed Fiscal Year: The primary cause of this error is that the interest start date you are trying to set or modify falls within a fiscal year that has already been closed. In SAP, once a fiscal year is closed, no further postings can be made to that year, including interest calculations.
  Incorrect Date Entry: There may be a mistake in the date entry, where the user inadvertently selects a date that is in a closed fiscal year.
  
  
  Solution:
  
  Change the Interest Start Date: Review the interest start date you are trying to set. If it falls within a closed