How To Fix 5E034 - Entry to a future fiscal year (&) is not allowed.

5E034 - Overview

• Message type: E = Error

• Message class: 5E - Error messages for Spanish infotypes module pools

• Message number: 034

• Message text: Entry to a future fiscal year (&) is not allowed.

What causes this issue?

For the income and employment tax deduction declaration you have
entered a future fiscal year.

System Response

Error message.

How to fix this error?

Please enter a valid fiscal year (past or present).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5E034 - Entry to a future fiscal year (&) is not allowed. ?

  The SAP error message 5E034 ("Entry to a future fiscal year (&) is not allowed") typically occurs when a user attempts to post a transaction in a fiscal year that is not yet open for posting in the system. This is a common issue in financial modules of SAP, particularly in the context of General Ledger (G/L) accounting.
  
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to post to is not open. SAP allows postings only in the current or previously opened fiscal years.
  Configuration Settings: The fiscal year settings in the system may not allow postings to future periods.
  Posting Date: The posting date of the transaction is set to a date in a future fiscal year that has not been opened for posting.
  
  
  Solution:
  
  
  Check Fiscal Year Settings:
  
  Go to the transaction code OB52 (Change View "Periods": Overview).
  Verify the open and closed periods for the relevant company code and fiscal year. Ensure that