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 that the fiscal year variant is assigned.
  
  
  
  Define Fiscal Year Variant:
  
  If the fiscal year variant is missing, you can define it using Transaction code OB29.
  Make sure that the fiscal year variant is correctly assigned to the company code and that it matches the bank area.
  
  
  
  Verify Fiscal Year Settings:
  
  Check the fiscal year settings for the company code associated with the bank area (Transaction code: OBY6).
  Ensure that the fiscal year start date is correctly set up.
  
  
  
  Check Master Data:
  
  Review the master data for the bank area and ensure that all necessary information is complete and accurate.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on fiscal year settings and bank area configurations.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBY6: Configuration for bank area and fiscal year settings.
  OB29: Define fiscal year variant.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  User Roles: Ensure that you have the necessary authorizations to view and modify the configuration settings related to bank areas and fiscal years.
  
  
  By following these steps, you should be able to resolve the error message 1G627 and ensure that the fiscal year start is correctly recognized for the specified bank area.