For purposes of organization, please note that the year-end closing in Asset Accounting should always be carried out in parallel with the year-end closing for the general ledger. You should carry out the year-end closing for assets before you close the general ledger accounts to posting for the previous year. Just BEFORE you run the year-end closing program, you have to run another depreciation posting run for the last posting period in the fiscal year being closed. You might have posted transactions to the fiscal year being closed during your preparations for closing. Running another depreciation posting run is the only way to guarantee that the depreciation for these transactions is posted correctly to the general ledger.