How To Fix FAA_CMP072 - Closing of fiscal year &1 failed for depreciation area &2

FAA_CMP072 - Overview

• Message type: E = Error

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

• Message number: 072

• Message text: Closing of fiscal year &1 failed for depreciation area &2

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP072 - Closing of fiscal year &1 failed for depreciation area &2 ?

  The SAP error message FAA_CMP072 indicates that the closing of the fiscal year for a specific depreciation area has failed. This error typically occurs in the Asset Accounting (FI-AA) module when there are issues preventing the successful closing of the fiscal year for assets.
  Causes:
  
  Unposted Transactions: There may be unposted transactions in the depreciation area that need to be processed before closing the fiscal year.
  Open Periods: The fiscal year or periods may not be properly configured or may still be open for posting.
  Depreciation Run Issues: The depreciation run may not have been executed or completed successfully for the depreciation area.
  Configuration Errors: There may be configuration issues in the asset accounting settings that prevent the closing process.
  Locked Assets: Some assets may be locked for posting, preventing the closing process from completing.
  Inconsistent Data: There may be inconsistencies in the asset master data or transaction data that need to be resolved.
  
  Solutions:
  
  Check Unposted Transactions: Review