How To Fix UCMA003 - &1: Date of capitalization precedes the current period

UCMA003 - Overview

• Message type: E = Error

• Message class: UCMA - Assets/Liabilities

• Message number: 003

• Message text: &1: Date of capitalization precedes the current period

What causes this issue?

The year and period of capitalization should not be prior to the current
period. This is the case in the customizing settings for &V1&.

System Response

If the date of capitalization is prior to the consolidation interval in
which the task for capitalization and valuation allowances is executed,
the system does not post any automatic capitalization entries.

How to fix this error?

If applicable, correct the date of capitalization so that it is not
prior to the current period.

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 UCMA003 - &1: Date of capitalization precedes the current period ?

  The SAP error message UCMA003 indicates that there is an issue with the date of capitalization for an asset. Specifically, it means that the date you are trying to use for capitalizing an asset is earlier than the current accounting period. This can happen in various scenarios, such as when you are trying to post an asset acquisition or adjustment that is dated in a prior period that has already been closed.
  
  Cause:
  
  Closed Period: The accounting period you are trying to post to is closed, and SAP does not allow postings to closed periods.
  Incorrect Date: The date of capitalization you are using is set incorrectly, possibly due to a data entry error.
  
  Configuration Issues: There may be configuration settings in the asset accounting module that restrict postings to certain periods.
  
  
  Solution:
  
  Check the Posting Period: Verify the current posting period in your SAP system. Ensure that the date of capitalization you are using falls