How To Fix AP060 - Fiscal year &1 is not in the validity period

SAP Error Message - Details

• Message type: E = Error

• Message class: AP - Investment program messages

• Message number: 060

• Message text: Fiscal year &1 is not in the validity period

What causes this issue?

Fiscal year &V1& for the program position is itself outside the period
of validity defined by you:
If you have entered a "from" year, this is later than &V1&.

System Response

Input rejected

How to fix this error?

Correct your input.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AP060 - Fiscal year &1 is not in the validity period ?

  The SAP error message AP060, which states "Fiscal year &1 is not in the validity period," typically occurs when there is an attempt to post a transaction or perform an operation in a fiscal year that is not open or valid according to the system's configuration. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to access has been closed in the system, meaning no further postings can be made to that year.
  Invalid Configuration: The fiscal year may not be configured correctly in the system, or the validity period for the fiscal year does not include the date of the transaction.
  Posting Date: The posting date of the transaction falls outside the defined validity period for the fiscal year.
  Company Code Settings: The company code settings may restrict postings to certain fiscal years.
  
  Solution:
  
  
  Check Fiscal Year Status:
  
  Go to the transaction code OB52 (Change View "Periods" Overview) to check the open and closed periods for your company code. Ensure that the fiscal year you are trying to post to is open.
  If necessary, you can extend the open period for the fiscal year by adjusting the settings in OB52.
  
  
  
  Verify Posting Date:
  
  Ensure that the posting date of your transaction falls within the open periods defined in OB52.
  
  
  
  Review Company Code Configuration:
  
  Check the configuration for the company code in transaction code OBY6 (Define Company Code) to ensure that the fiscal year variant is correctly assigned and that the fiscal year is valid.
  
  
  
  Adjust Validity Period:
  
  If the fiscal year is not valid, you may need to adjust the validity period in the configuration settings for the fiscal year variant.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about making changes, consult with your finance team or SAP administrator to ensure that any adjustments made align with financial policies and reporting requirements.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB52: Change View "Periods" Overview
  OBY6: Define Company Code
  OB29: Define Fiscal Year Variant
  
  
  SAP Notes: Check SAP Notes for any specific issues related to your version of SAP that may provide additional context or solutions.
  Documentation: Review SAP documentation on fiscal year settings and period control for more detailed guidance.
  
  By following these steps, you should be able to resolve the AP060 error and successfully post your transactions.