How To Fix FAA_CMP092 - Year-end transfer: Subsequent year must be the highest fiscal year

FAA_CMP092 - Overview

• Message type: E = Error

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

• Message number: 092

• Message text: Year-end transfer: Subsequent year must be the highest fiscal year

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_CMP092 - Year-end transfer: Subsequent year must be the highest fiscal year ?

  The SAP error message FAA_CMP092, which states "Year-end transfer: Subsequent year must be the highest fiscal year," typically occurs during the year-end closing process in Asset Accounting (FI-AA). This error indicates that the system has detected an inconsistency in the fiscal year settings for the asset accounting module.
  
  Cause:
  The error is usually caused by one of the following issues:
  
  
  Fiscal Year Configuration: The fiscal year for the subsequent year is not set up correctly in the system. The system expects the subsequent year to be the highest fiscal year defined in the configuration.
  
  
  Year-End Closing Process: The year-end closing process has not been completed for the current fiscal year, or the system is trying to process a year-end transfer without the proper fiscal year settings.
  
  
  Incorrect Settings in Customizing: There may be incorrect settings in the Asset Accounting configuration that do not align with the fiscal year settings.
  
  
  
  Solution:
  To resolve the FAA_CMP092 error, you can