Asset Accounting - Close Fiscal Year error due to legacy data transfer at year end (FI-AA)

[Former Member]

In our Q Testing system, I cannot close the asset accounting subledger in fiscal year 2017 due to an error from the legacy data transfer date being 12/31/2018.

It would appear the date was changed from its previous date of 9/30/2017 and now cannot be changed back. 

Error:

Only 1 open fisc. year is allowed, if legacy data transfer is at year end

Message no. FAA_CMP078

If I attempt to change the LDT date, I get an error:

• Check fails due to legacy data transfer status change in company code 1130 - Message no. FAA_CMP043

• Legacy data transfer date 09/30/2017 is in a closed fiscal year

• LDT date changed; check if the fiscal year has to be adjusted

Within the app "Execute/Undo Year-End Closing" I do not have the option to change the Current FYear under the ledger settings, as it is grayed out.

All periods in all areas of the G/L are open from 01/2016 through 12/2020

I have attempted to RERUN Carry Forward Balances in previous years to force open the previous fiscal year, without success.

I have also posted to the general ledger in 2017 without effect to the current FYear.

How do I go about opening previous Fiscal Year 2017 in the ledger to change the Legacy Data Transfer date so that I can close AA 2017

I have uploaded screenshots to display the current status of this company code.

[Sandeep_Kumar · Accepted solution]

Hi,

So you put the LDT date in 2017 in past and then changed it to FY 2018 and did legacy data transfer for fixed assets?

You may try marking the sequence for FY 2018 as complete, create new sequence for FY 2017 in the app and then close previous FY for Assets.

Best,

Sandeep

[Former Member · Accepted solution]

Hi sandeep.kumar

Unfortunately, this did not work, as it returned the error :

LDT date must be later than the LDT dates of previous LDT segments

[Former Member · Accepted solution]

sandeep.kumar However, good news!

By changing the status of the LDT FY2018 from "Ongoing" to "Complete" I was now able to close the asset accounting ledger FY2017 in both ledgers.

Thank you!

Daniel