How To Fix FAA_CMP110 - Fiscal year &1 is already closed for company code &2 and ledger &3

FAA_CMP110 - Overview

• Message type: E = Error

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

• Message number: 110

• Message text: Fiscal year &1 is already closed for company code &2 and ledger &3

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP110 - Fiscal year &1 is already closed for company code &2 and ledger &3 ?

  The SAP error message FAA_CMP110 indicates that you are trying to post a transaction in a closed fiscal year for a specific company code and ledger. This error typically occurs in the context of Asset Accounting (FI-AA) when you attempt to perform actions such as posting asset transactions, adjustments, or other related activities for a fiscal year that has already been closed.
  
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to post to has been closed in the system, meaning that no further postings can be made to that year.
  Company Code and Ledger: The error specifies the company code and ledger, indicating that the closure applies specifically to that combination.
  Configuration Settings: The settings in the financial accounting configuration may restrict postings to closed periods.
  
  
  Solution:
  
  
  Check Fiscal Year Status: Verify the status of the fiscal year in question. You can do this by navigating to the relevant configuration settings in SAP:
  
  Use transaction