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The transaction date must be in the current fiscal year. (FA-645053) (Doc ID 1958953.1)

Last updated on MAY 24, 2022

Applies to:

Oracle Fusion Assets - Version and later
Oracle Fusion Assets Cloud Service - Version and later
Oracle Assets - Version 12.1.3 to 12.1.3 [Release 12.1]
Information in this document applies to any platform.


The user has posted the assets, did the accounting and closed the period as well.
but there is a difference in the amount and the same has to be corrected.

If we try to retire the asset and reinstate , system is showing the error that it is not possible:
Error message: The transaction date must be in the current fiscal year. (FA-645053)

Please let us know 2 things -

1. is it possible to correct the amount if the period is closed by doing retirement and reinstating procedure.

2. if not then what is the work around ?


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