How To Fix FAA_CMP073 - Reopening of fiscal year &1 failed for depreciation area &2

FAA_CMP073 - Overview

• Message type: E = Error

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

• Message number: 073

• Message text: Reopening 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_CMP073 - Reopening of fiscal year &1 failed for depreciation area &2 ?

  The SAP error message FAA_CMP073 indicates that there was an issue when trying to reopen a fiscal year for a specific depreciation area in Asset Accounting (FI-AA). This error typically arises when certain conditions are not met, preventing the system from allowing the reopening of the fiscal year.
  
  Cause:
  
  Closed Periods: The fiscal year you are trying to reopen may have been closed for posting, which means that no further transactions can be processed in that year.
  Depreciation Area Settings: The depreciation area may have specific settings that prevent the reopening of the fiscal year, such as being marked for closure or having certain restrictions.
  Transactions Already Posted: If there are transactions that have already been posted in the fiscal year after it was closed, this can also lead to issues when trying to reopen it.
  
  Configuration Issues: There may be configuration settings in the Asset Accounting module that are not aligned with the reopening