Asset value date &1 cannot be before &2

What causes this issue?

You entered an asset value date that is not in the fiscal year of the
legacy data transfer.

System Response

Within the framework of the legacy data transfer, you can only transfer
transactions with the following asset value dates:
Transactions in the current fiscal year
These transactions have to have a value date in the time period between
&V2& and &V3&.
Line items for an asset under construction, that originate before the
current fiscal year
You can transfer these transactions using the special transaction types
for legacy asset data (900 for APC, 910 for down payments). You always
have to use the start of the current fiscal year &V2& as the asset
value date.

How to fix this error?

Correct asset value date &V1&.

Error message extract from SAP system. Copyright SAP SE.