Symptom
The Highest fiscal year is not derived in the Make Company Code Settings app after saving a legacy transfer date.
OR
Error FAA_CMP047 (Posting not possible in company code &&&&; specify open fiscal year) is given after executing a balance carryforward.
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Environment
S/4Hana Cloud.
Product
SAP S/4HANA Cloud Public Edition all versions
Keywords
FAA_CMP047 Balance Carryfoward Status Carry Forward. , KBA , FI-AA-AA-A-2CL , Master Data (Public Cloud) , Problem
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