How To Fix FINS_IC_CUST008 - Close fiscal year &1 for company code &2 in FI-AA.

FINS_IC_CUST008 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 008

• Message text: Close fiscal year &1 for company code &2 in FI-AA.

What causes this issue?

In FI-AA the fiscal year &V1& has not yet been closed for company code
&V2&. Therefore, you cannot proceed for company code &V2& with the
project because all previous years must be closed in FI-AA before data
processing can begin.

System Response

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

How to fix this error?

Perform the <DS:TRAN.AJAB>year-end closing</> in FI-AA for company code
&V2& in fiscal year &V1&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_IC_CUST008 - Details

• The SAP error message FINS_IC_CUST008 indicates that the fiscal year for a specific company code has not been closed in the Asset Accounting (FI-AA) module. This error typically arises when you attempt to perform transactions that require the fiscal year to be closed, such as posting new transactions or running reports.
  
  Cause:
  The error occurs because:
  
  The fiscal year for the specified company code has not been closed in the Asset Accounting module.
  There may be open periods in the Asset Accounting that prevent the closing of the fiscal year.
  The configuration settings for the fiscal year closing process may not have been properly set up.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check the Fiscal Year Status:
  
  Go to the transaction code OB52 to check the open and closed periods for the company code in question. Ensure that the fiscal year is indeed closed.
  
  
  
  Close the Fiscal Year:
  
  If the fiscal year is not closed, you need