Fiscal Year

[Former Member]

Hi,

When iam posting the Goods iam getting the error that Fiscal year is not specified for the current calender year? How to resolve this?

[Former Member]

hi,

kindly see this settings in ur sap std. ides system for your company code.

1. see thru OMSY - on the first column of the year what it has mentioned. if it is mentioned like 2002/11 - then u have to change that year thru MMPV till this current month and the year. EX: open and close periods should be 2007/09.

2. u can find an option called open and close periods for your 1000+ to 1000s- it should be like 2007/13 in the 2nd column instead of 2001/13.

3. thru OMWD - valuation group code should be 0001 for your plant.

4. the document posting should be like this.

01 - 2007 - 0100000000 - 0199999999. for your company code.

49 - 2007 - 4900000000 - 4999999999. for your company code.

your issue would be resolved by doing this.

reward points if it is useful.

regards

KR

[Former Member]

hi

Open and Close Posting Periods

Tcode- OB52

SPRO > IMG > Financial Accounting > Financial Settings Global Settings > Documents > Posting Periods > Open and Close Posting Periods

> Click on New Entries

> Posting Period Variant in Variant Field

> Press Enter

> applicable to all accounts in the second column

> Leave From acct Blank

> Leave TO acct Blank

> Enter 1( in column From per.1)

> Enter Year ( in Column Yr)

> Enter Month (in column Period)

> Save

Reward if Useful

Thanx & regards

Naren..

[Former Member]

Try with Assign company code to fiscal year varient

[Former Member]

hi,

U can try this tcode; OB52 ->enter comp code & "+"> from period & to period

regards,

Arun prasad

[Former Member]

hi

it means your finance year is close so that error is generate.

In this type of error you just ask your finance person who close the finance period.

otherwise you can't post previous year documents.

I hope it will helpful to you.

Rewards if helpful.

Prashant.

[Former Member]

Maintain Fiscal year in T.Code: OB29

Assign Fiscal Year to company code in T.Code: OB37.

Regards

AK

[Former Member]

Hello Ayub,

You helped solve my problem. We had posting problems due to the leap year. After finding the fiscal year variant assigned to the company code (OB37), I went into (OB29) and changed the number of days in Feb to 29.

Emery