Error in Company code initialization in OMSY

[v_s6]

Hi All,

We have a new company code created DE10 which I am trying to initialize in OMSY with the current fiscal year as 2010 and current period as 10.But it gives an error as below

You have entered an invalid period for company code DE10

Message no. MM007

Diagnosis

This error can occur

if no fiscal year variant is assigned to the company code or

if the period entered is not valid for the fiscal year variant assigned to the company code

Procedure

1. Check the assignment of the fiscal year variant to the company code. Proceed

2. Check the setting of the fiscal year variant. Proceed

I have checked that there is a fiscal year variant attached to the Cc DE10 as required.

Can some one please tell me what could be wrong here. Is my approach of first initializing the company codes in OMSY right? subsequently I will be changing the periods in MMPV?

Regards,

V S

[v_s6]

sorry wrong forum