How To Fix AY025 - Interest start date in closed year. Should be after &V1&

AY025 - Overview

• Message type: E = Error

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

• Message number: 025

• Message text: Interest start date in closed year. Should be after &V1&

What causes this issue?

The interest start date &V2& was entered before &V1&. The new interest
start date &V3& 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.

AY025 - Details

• The SAP error message AY025, which states "Interest start date in closed year. Should be after &V1&," typically occurs in the context of asset accounting when you are trying to post an interest calculation for an asset, and the interest start date falls within a fiscal year that has already been closed.
  
  Cause:
  
  Closed Fiscal Year: The error indicates that the interest start date you are trying to use is in 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.
  Incorrect Date Entry: The date you entered for the interest calculation may have been incorrectly specified, leading to it falling in a closed period.
  
  
  Solution:
  
  
  Change the Interest Start Date: Adjust the interest start date to a date that is in an open fiscal year. You can do this by:
  
  Navigating to the transaction where you are entering the interest