SAP Knowledge Base Article - Public

3436452 - Setting posting periods leads to error message FAA_CMP116

Symptom

You set the posting periods in the app Manage Posting Periods. The first open posting period (normal posting period or adjustment posting period) is in fiscal year YYYY for a specific combination of company code and ledger.

However, there are still open fiscal years in depreciation areas of Asset Accounting before fiscal year YYYY.

This is not allowed. A fiscal year is to be closed first in Asset Accounting and then in General Ledger Accounting.

Therefore, the system issues error message FAA_CMP116 'First close the fiscal years before YYYY in FI-AA'.

Environment

SAP S/4HANA Cloud 2402 or a later release

Reproducing the Issue

See the 'Symptom' section above.

Resolution

Proceed as follows:

  1. General Ledger Accounting: In the app Manage Posting Periods, you (again) open the fiscal year that is still open in Asset Accounting (for example, fiscal year YYYY).
    Alternatively, open either a normal posting period or an adjustment period in fiscal year YYYY that is still open in Asset Accounting.
  2. Asset Accounting: You close the fiscal year YYYY in Asset Accounting.
    To do this, you use the app Make Company Code Settings - Asset Accounting-Specific (F7312).
    If errors occur, it may be necessary to recalculate and/or post depreciation.
      1. To recalculate the depreciation, you use the job template Recalculate Depreciation from the app Schedule Asset Accounting Jobs.
      2. To post the depreciation, you use the job template Depreciation Posting Run from the app Schedule Asset Accounting Jobs.
  3. General Ledger Accounting: In the app Manage Posting Periods, you close the fiscal year YYYY again.

Note:
The rule that a fiscal year is to be closed first in Asset Accounting and then in General Ledger Accounting applied before release SAP S/4HANA 2402.

However, the check with error message FAA_CMP116 was introduced with the release upgrade to SAP S/4HANA 2402.

Keywords

FAA_CMP116, FAA_CMP 116, posting periods, First close the fiscal years before, new posting period, Manage Posting periods, F2293, close the fiscal years, posting period error , KBA , FI-FIO-AA-2CL , Fiori UI for Asset Accounting (Public Cloud) , FI-FIO-GL-PER-2CL , Periodic Activities Applications in General Ledger (PubC) , Problem

Product

SAP S/4HANA Cloud 2402