How To Fix FAA_CMP080 - Closed fiscal year is not allowed to be higher than current fiscal year

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 080

• Message text: Closed fiscal year is not allowed to be higher than current fiscal year

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP080 - Closed fiscal year is not allowed to be higher than current fiscal year ?

  The SAP error message FAA_CMP080, which states "Closed fiscal year is not allowed to be higher than current fiscal year," typically occurs in the context of asset accounting (FI-AA) when trying to perform an operation that involves a closed fiscal year. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Closed Fiscal Year: The error indicates that you are attempting to post or make changes to a fiscal year that has already been closed. In SAP, once a fiscal year is closed, no further postings should be allowed for that year.
  Incorrect Year Selection: The operation you are trying to perform may have inadvertently selected a fiscal year that is higher than the current fiscal year, which is not permissible.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that are not aligned with the current fiscal year settings.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal