How To Fix FI251 - Fiscal year for FM area &1 is still &2

FI251 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 251

• Message text: Fiscal year for FM area &1 is still &2

What causes this issue?

You have started the balance carried forward program in the current
fiscal year to carry forward the balance to the new fiscal year.

System Response

The system will carry the balances forward.
Further postings in the old year will <ZH>not</> automatically correct
the balance carried forward in the new year.

How to fix this error?

If, having run the balance carryforward program, you make further
postings to the old fiscal year, you must run the program again.

Error message extract from SAP system. Copyright SAP SE.

FI251 - Details

• The SAP error message FI251 indicates that there is an issue with the fiscal year settings for a Funds Management (FM) area. Specifically, the message states that the fiscal year for the specified FM area is still open or has not been closed properly.
  
  Cause:
  
  Open Fiscal Year: The fiscal year for the specified FM area is still open, meaning that transactions can still be posted to that year.
  Incorrect Configuration: The fiscal year settings in the Funds Management area may not be configured correctly.
  Period Locking: The periods may not be locked for the fiscal year, allowing postings to occur when they should not.
  Year-End Closing Not Completed: The year-end closing process for the FM area may not have been completed, leaving the fiscal year open.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year for the specified FM area. You can do this by navigating to the Funds Management configuration and checking