How To Fix FAA_MD103 - Capitalization date &1 in ledger &2 is not before closed FY &3

FAA_MD103 - Overview

• Message type: E = Error

• Message class: FAA_MD - Fixed Asset Master

• Message number: 103

• Message text: Capitalization date &1 in ledger &2 is not before closed FY &3

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_MD103 - Capitalization date &1 in ledger &2 is not before closed FY &3 ?

  The SAP error message FAA_MD103 indicates that there is an issue with the capitalization date of an asset in relation to the fiscal year status in the specified ledger. Specifically, the error states that the capitalization date is not before the closed fiscal year, which means that the system is preventing you from capitalizing an asset in a period that has already been closed.
  
  Cause:
  
  Closed Fiscal Year: The capitalization date you are trying to use is in a fiscal year that has already been closed. In SAP, once a fiscal year is closed, no further postings can be made to that year.
  Incorrect Date Entry: The date entered for capitalization may be incorrect or not aligned with the intended accounting period.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict postings to closed periods.
  
  
  Solution:
  
  Check the Capitalization Date: Verify the capitalization date you are trying to use. Ensure that