Transaction: AJRW

Hi Experts,

I am doing the transaction AJRW - Open the fiscal year to 2009 -

1. What is the business impact if i did the AJRW transaction?

2. Why system is not allowing to post the any transaction in year 2008 on 01.01.2009 even we can not take asset history sheet

     and we can not make the Asset acquistion entries also. If i complete the AJRW transaction system is allowing to make the

     any transaction in 2008 (Note: My fiscal year is Jan. to Dec.)

Kindly advise my questions.

Reg,

Raj.