How To Fix AY420 - There are open amounts with planned capitalization date in prior year

AY420 - Overview

• Message type: E = Error

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

• Message number: 420

• Message text: There are open amounts with planned capitalization date in prior year

What causes this issue?

There are distributions with amounts that are higher than the actual
settlements that have taken place, although the planned capitalization
date is in a past fiscal year, and therefore no further settlements are
expected. The data cannot be saved due to this inconsistency.

How to fix this error?

Reduce the planned depreciation amount to the same amount as the actual
settlements that have taken place, so that the open amount is zero.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY420 - There are open amounts with planned capitalization date in prior year ?

  The SAP error message AY420 indicates that there are open amounts related to asset capitalization that have planned capitalization dates in a prior fiscal year. This typically occurs when there are transactions that have not been fully processed or capitalized, and the system is preventing further actions because it is trying to maintain the integrity of financial reporting for prior periods.
  
  Cause:
  
  Open Amounts: There are still open transactions (like asset acquisitions or adjustments) that have not been capitalized.
  Planned Capitalization Date: The planned capitalization date for these transactions falls in a previous fiscal year, which can lead to discrepancies in financial reporting.
  Period Closing: The prior fiscal year may have already been closed, preventing any changes to financial data for that period.
  
  
  Solution:
  
  Review Open Transactions: Check for any open asset transactions that have planned capitalization dates in the prior year. You can do this by using transaction codes like AW01N (Asset Explorer) or AS03