How To Fix FAA_CMP064 - LDT date changed; check if the fiscal year has to be adjusted

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_CMP - Asset Accounting: Configuration Object Company Code

• Message number: 064

• Message text: LDT date changed; check if the fiscal year has to be adjusted

What causes this issue?

The current legacy data transfer segment has the status 'In
Preparation'; <ZH>no</> assets have been created for this legacy data
transfer segment, yet.
In such a case, it is still possible to change the legacy data transfer
date. It is also possible to change the current fiscal year or the
closed fiscal year.
Note:
When you create the first legacy data transfer segment, the system
automatically derives the current fiscal year and the closed fiscal year
on ledger and depreciation area level.

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?

If you want to change the current fiscal year or the closed fiscal year
at a later date, you do this as follows:
You can change it in the ledger settings, provided that <ZH>no</> asset
accounting postings exist in the current company code.
Or you change it by using the functions for closing or reopening fiscal
years.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP064 - LDT date changed; check if the fiscal year has to be adjusted ?

  The SAP error message FAA_CMP064 indicates that there is an issue with the LDT (Last Depreciation Time) date in the Asset Accounting module. This error typically arises when there is a discrepancy between the LDT date and the fiscal year settings in the system. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  LDT Date Change: The LDT date for an asset has been changed, which may not align with the fiscal year settings in the system.
  Fiscal Year Settings: The fiscal year may not be properly configured, or the asset may be set to a fiscal year that does not match the LDT date.
  Depreciation Run: If a depreciation run has been executed, and the LDT date is altered afterward, it can lead to inconsistencies.
  Asset Master Data Changes: Changes made to the asset master data, such as the acquisition date or useful life, can also trigger this error.
  
  Solution:
  
  Check LDT Date: Verify the LDT date for the asset in question. Ensure that it is set correctly and corresponds to the fiscal year.
  Review Fiscal Year Settings: Check the fiscal year settings in the system. Ensure that the fiscal year is correctly defined and that it aligns with the LDT date.
  Adjust Fiscal Year: If necessary, adjust the fiscal year settings to accommodate the LDT date. This may involve changing the fiscal year variant or adjusting the periods.
  Re-run Depreciation: If changes are made to the LDT date or fiscal year settings, re-run the depreciation calculation to ensure that all values are updated correctly.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific steps related to your version of SAP.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as AS02 (Change Asset), AS03 (Display Asset), or AFAB (Run Depreciation) to manage asset data and run depreciation.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Authorization: Ensure that you have the necessary authorizations to make changes to asset master data and fiscal year settings.
  Testing: After making changes, it is advisable to test the adjustments in a development or quality assurance environment before applying them in production.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in Asset Accounting for further assistance.