The year-end closing enable the company to produced the
final balance sheet and profit and loss statement for its annual report, which
has to be created to meet the particular legal obligations in each country.
Once the fiscal year is closed, you can no longer post
or change values within Asset Accounting (for example, by recalculating
depreciation). The fiscal year that is closed is always the year following the
last closed fiscal year. You cannot close the current fiscal year.
AJAB - Year-End
Closing Asset Accounting
Company code : Your
Company code
Asset classed asset u. const.
: Optional
For fiscal year :
Last closed fiscal year
Uncheck 'Test run'
if this is a production run
At menu bar, click Program -> Execute in background.
Perform Fiscal year close for fixed Assets.
While doing a Test run, message is that fiscal year close could not be
performed but it does not display any Asset details .It says Other Error. I am
not able to identify what those other Errors could be.
Also, I have checked Incomplete Assets list As well but that list is empty
as well. Also while running tcode AUVA there is a tab correct incomplete Assets,
can anyone tell what deos that mean and when its to be used.
You can check and edit Asset accounting closing status using tcode OAAQ.
But you seem to be not clear on process.
AJAB is for closing Asset Accounting books.
AJRW is a technical step of changing fiscal year in system. If not done, it
will not allow you to view asset reports in current fiscal.
Now, your error says incomplete asset. Please run ajab in test mode, check
for details. It will give you asset details and error details as well. Go to
asset explorere and check if the asst in question has been fully depreciated for
the year.
If not run repeat deprecation for the asset in period 12 and then try closing
asset books. You can also check asset and GL inconsitency using tcode ABST.
