SAP Knowledge Base Article - Public

3040996 - Error message FAA_POST301 - 'Transfer posting only allowed in the oldest opened fiscal year &1' appears when Adding a new time interval in Manage Fixed Assets app

Symptom

Adding a new time interval in Manage Fixed Assets app gives the error message FAA_POST301 - 'Transfer posting only allowed in the oldest opened fiscal year &1'.

Environment

SAP S/4HANA Cloud Public Edition

Reproducing the Issue

  1. Enter asset in Manage Fixed Asset app.
  2. Add the new time interval.
  3. Save the asset and the error is given. 

Cause

The entered date is not within the oldest opened fiscal year in at least one ledger of the company.

Resolution

In the Make Company Code Settings app, review the closed fiscal years in each ledger and close fiscal years up until the current fiscal year.

Keywords

FAA_POST 301,Fiscal year, Manage Fixed Assets app , KBA , FI-AA-AA-A , Master Data , FI-AA , Asset Accounting , FI-AA-AA-A-2CL , Master Data (Public Cloud) , Problem

Product

SAP S/4HANA Cloud Public Edition all versions