How To Fix RECEPR230 - Asset retirement on &1 in closed fiscal year not possible

RECEPR230 - Overview

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 230

• Message text: Asset retirement on &1 in closed fiscal year not possible

What causes this issue?

The due date of the reduction of the right of use is in a closed fiscal
year.
Asset retirement in a closed fiscal year is not possible.
The valuation cannot be executed. Select a start of consideration in the
current fiscal year.
If the valuation was performed at a time at which the fiscal year was
still open, the valuation step must be deleted and performed again with
a start of consideration in the current fiscal year.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR230 - Asset retirement on &1 in closed fiscal year not possible ?

  The SAP error message RECEPR230 indicates that an asset retirement cannot be processed in a closed fiscal year. This typically occurs when you attempt to retire an asset (e.g., selling, scrapping, or transferring it) in a fiscal year that has already been closed in the system. 
  
  Cause:
  
  Closed Fiscal Year: The primary cause of this error is that the fiscal year for the asset in question has been closed, meaning that no further transactions can be posted to that year.
  Configuration Settings: The system settings may prevent any changes to asset transactions in closed periods to maintain data integrity and compliance with accounting standards.
  
  
  Solution:
  To resolve this error, you can consider the following options:
  
  
  Open the Fiscal Year:
  
  If it is necessary to process the asset retirement, you may need to reopen the fiscal year. This can be done by:
  Navigating to the transaction code OB52 (or the relevant transaction for your version of SAP).
  Adjusting the