How To Fix FAA_POST214 - &1: Legacy data transfer not possible; more than 1 fiscal year open

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_POST - FIAA Posting Messages (Object-Oriented Kernel)

• Message number: 214

• Message text: &1: Legacy data transfer not possible; more than 1 fiscal year open

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_POST214 - &1: Legacy data transfer not possible; more than 1 fiscal year open ?

  The SAP error message FAA_POST214 indicates that a legacy data transfer is not possible because more than one fiscal year is open in the system. This typically occurs in the context of asset accounting (FI-AA) when you are trying to post legacy data (such as asset acquisitions or transfers) while multiple fiscal years are open for posting.
  Cause:
  
  Multiple Fiscal Years Open: The primary cause of this error is that the system has more than one fiscal year open for posting. In SAP, you can only perform certain operations, like legacy data transfers, when there is only one fiscal year open.
  Configuration Settings: The configuration settings in the asset accounting module may allow multiple fiscal years to be open, which can lead to this error during legacy data transfer.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Close Unnecessary Fiscal Years:
  
  Check the fiscal year settings in your SAP system. You can do this by navigating to the transaction code OB52 (Open and Close Posting Periods).
  Ensure that only the necessary fiscal year is open for posting. If you have multiple years open, consider closing the ones that are not needed for current transactions.
  
  
  
  Check Configuration:
  
  Review the configuration settings for asset accounting to ensure that they align with your business processes. You may need to consult with your SAP FI-AA consultant to adjust these settings if necessary.
  
  
  
  Perform Legacy Data Transfer:
  
  Once you have ensured that only one fiscal year is open, attempt the legacy data transfer again. This should allow the process to complete without the error.
  
  
  
  Consult Documentation:
  
  If the issue persists, refer to SAP documentation or support notes related to the FAA_POST214 error for additional troubleshooting steps or specific configurations that may be required.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To manage open and closed posting periods.
  AS01: To create an asset.
  AS92: To change asset master data.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates regarding this error message.
  
  
  User Roles: Ensure that the user attempting the legacy data transfer has the necessary authorizations to perform the operation.
  
  
  By following these steps, you should be able to resolve the FAA_POST214 error and successfully perform the legacy data transfer in SAP.