How To Fix AY423 - Capitalization dates before the prior fiscal year are not allowed

AY423 - Overview

• Message type: E = Error

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

• Message number: 423

• Message text: Capitalization dates before the prior fiscal year are not allowed

What causes this issue?

You want to enter a distribution that has a capitalization date before
the last fiscal year. However, the 'compare with actual settlements'
indicator is set in the investment profile. Since the system determines
the actual settlements starting with the last fiscal year, you are not
allowed to make changes to older distributions.

How to fix this error?

Change the capitalization date or delete the distribution.
If you really want to enter the distribution, you first have to remove
the 'compare with actual settlements' indicator in the investment
profile.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AY423 - Capitalization dates before the prior fiscal year are not allowed ?

  The SAP error message AY423, which states "Capitalization dates before the prior fiscal year are not allowed," typically occurs when you attempt to capitalize an asset with a capitalization date that falls before the start of the previous fiscal year. This is a common restriction in SAP to ensure that asset management and financial reporting adhere to accounting principles and fiscal year constraints.
  
  Cause:
  
  Capitalization Date: The date you are trying to use for capitalizing the asset is earlier than the first day of the previous fiscal year.
  Fiscal Year Settings: The fiscal year settings in your SAP system may restrict transactions to only allow capitalization dates that are within the current or future fiscal years.
  Asset Management Configuration: The configuration settings for asset management may have specific rules that prevent the capitalization of assets with historical dates.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Capitalization Date: Ensure that the capitalization