3331959 - Error message FAA_POST403 - 'Ledger &2: Posting on fixed asset not possible; fiscal year closed' when Posting to an asset - SAP S/4HANA Cloud Public Edition

 Attempting to post to a fixed asset results in error FAA_POST403 - Ledger &2: Posting is not possible; fiscal year is closed.

SAP S/4HANA Cloud Public Edition

1. Enter asset posting app.
2. Enter parameters for posting.
3. Simulate. 

An asset can only be posting to during the lowest fiscal year when it was created but not before, eg if the asset was created in 2023, then it can only be posting in 2023 and onwards. 

If the asset is a legacy asset, you cannot post to it using the Post Acquisition app to post to the asset on or before the last day of the last fiscal year. Eg if the legacy transfer date is 31.12.2023 then the error would be given for than dates or earlier dates. 

Open the fiscal year in which the asset is intended to be in use and create a new asset. Posting to the new asset will be possible.

If the asset is a legacy asset, use the Post Transfer Values – For Legacy Asset app.

FAA_POST 403 FAA_POST-403 , KBA , FI-AA-AA-C-2CL , Transactions (Public Cloud) , Problem