How To Fix FAA_CMP091 - The legacy data transfer has to be performed in an open fiscal year

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 091

• Message text: The legacy data transfer has to be performed in an open fiscal year

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP091 - The legacy data transfer has to be performed in an open fiscal year ?

  The SAP error message FAA_CMP091 indicates that a legacy data transfer for fixed assets cannot be performed because the fiscal year is closed. This error typically occurs when you attempt to transfer data related to fixed assets (such as acquisition values, depreciation, etc.) from a legacy system into SAP, but the fiscal year in which you are trying to perform this transfer is not open.
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to perform the legacy data transfer for is closed in the system.
  Incorrect Configuration: The system may not be configured to allow transfers in the desired fiscal year.
  Data Transfer Timing: The transfer is being attempted outside of the allowed time frame for the fiscal year.
  
  Solution:
  To resolve the FAA_CMP091 error, you can take the following steps:
  
  
  Open the Fiscal Year:
  
  If you have the necessary authorizations, you can open the fiscal year in the SAP system. This is done through the transaction code OB52 (Change View "Open and Close Posting Periods").
  Ensure that the fiscal year you need to perform the legacy data transfer for is open for posting.
  
  
  
  Check Configuration:
  
  Verify the configuration settings for the fiscal year and ensure that the periods are set correctly for the legacy data transfer.
  Ensure that the settings in the Asset Accounting (FI-AA) module allow for the transfer of legacy data.
  
  
  
  Perform Transfer in an Open Year:
  
  If the fiscal year cannot be opened (due to business rules or policies), consider performing the legacy data transfer in the next open fiscal year or in a year that is allowed for such transfers.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to legacy data transfer in Asset Accounting to ensure that all prerequisites and steps are followed correctly.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support for assistance, especially if this is a recurring issue or if there are specific configurations in your system that may be causing the problem.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB52: To open or close posting periods.
  AS91: To create an asset from legacy data.
  AS92: To change an asset from legacy data.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on legacy data transfers.
  
  
  Documentation: Review the SAP Help Portal for detailed information on Asset Accounting and legacy data transfer processes.
  
  
  By following these steps, you should be able to resolve the FAA_CMP091 error and successfully perform the legacy data transfer.