How To Fix 1G627 - Fiscal year start could not be found for bank area &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 627

• Message text: Fiscal year start could not be found for bank area &1

What causes this issue?

The system could not find a fiscal year for the bank area by using the
company code and the fiscal year variants.

System Response

The system, therefore, does not allow a retroactive condition change.

How to fix this error?

Maintain the environment for the T001 table (company codes) in the
system.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1G627 - Fiscal year start could not be found for bank area &1 ?

  The SAP error message 1G627 indicates that the fiscal year start date could not be found for a specified bank area. This error typically arises in the context of financial transactions or reporting when the system is unable to determine the appropriate fiscal year settings for the specified bank area.
  
  Cause:
  
  Missing Configuration: The fiscal year variant for the bank area may not be properly configured in the system.
  Incorrect Bank Area: The bank area specified in the transaction may not exist or may not be correctly set up in the system.
  Fiscal Year Not Defined: The fiscal year for the specified bank area may not have been defined in the system.
  Data Inconsistency: There may be inconsistencies in the master data related to the bank area or fiscal year settings.
  
  
  Solution:
  
  
  Check Bank Area Configuration:
  
  Go to the configuration settings for the bank area in SAP (Transaction code: OBY6).
  Ensure that the bank area is correctly defined and