How To Fix FARR_FOUNDATION062 - This transfer date cannot be used. It won't be set.

FARR_FOUNDATION062 - Overview

• Message type: E = Error

• Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

• Message number: 062

• Message text: This transfer date cannot be used. It won't be set.

What causes this issue?

Last day in period could not be determined from fiscal year variant.

System Response

Chosen transfer date will not be saved.

How to fix this error?

Please check your FY variant customizing for company code &v1&,
accounting principle &v2&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_FOUNDATION062 - This transfer date cannot be used. It won't be set. ?

  The SAP error message FARR_FOUNDATION062 typically occurs in the context of the Asset Accounting (FI-AA) module, particularly when dealing with asset transfers or adjustments. The message indicates that the transfer date specified cannot be used for the transaction you are trying to perform.
  
  Cause:
  The error can arise due to several reasons, including:
  
  Invalid Transfer Date: The transfer date may fall outside of the allowed posting periods or fiscal year settings in the system.
  Closed Periods: The transfer date might be in a period that has already been closed for posting.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict the use of certain dates for transfers.
  Asset Status: The asset may be in a status that does not allow for transfers (e.g., retired or disposed).
  Date Format Issues: Sometimes, the date format may not be recognized correctly by the system.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check the Transfer