Asset Accounting

[AK6]

Hi SAP Gurus,

While executing T-code FAGLGVTR I am getting the below error:

Target fiscal year specifications 2024 wrong for company code 

Message no. AA709

Diagnosis

The requested fiscal year 2024 is not the fiscal year that directly follows the current or fiscal year just finished in company code.

System Response

The asset reconciliation accounts are notprocessed in the company code.

I have already closed previous fiscal years but still getting the same issue. 

Please afvise how to resolve this.

[Mark_W]

Check FAA_CMP to see what the current fiscal year is, if 2022 is open and you try to open 2024 then the error you face is triggered. 

[AK6]

I have checked and 2022 is closed but still getting the same error

[Mark_W]

Can you take a screenshot, include all ledgers

Also check https://me.sap.com/notes/2679765

[sanilbhandari]

Hi @AK6 

Please check if the below OSS Note solves your issue:

2321467 - FAGLGVTR: Messages AA-708, AA-709, AC-515 for fiscal years without Asset Accounting - SAP ...

Thanks & Regards

Sanil Bhandari

[AK6]

@sanilbhandari

[AK6]

This link is not working as its not opening