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Cannot post to asset in company code

Dear all,

I ebcountered the belowmentioned message while doing MIGO.


You cannot post to asset in company code XXXX fiscal year 2008

Message no. AA347


A fiscal year change has not yet been performed in Asset Accounting for company code UTAC.


Check the asset value date.


May I know how to go about solving it?

Thank you.



Execute AJRW for fiscal year change.

Also check whether the previous year ending process has been carried out for the assets.



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