How To Fix FI560 - The year for the line item must be earlier than the current year

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 560

• Message text: The year for the line item must be earlier than the current year

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI560 - The year for the line item must be earlier than the current year ?

  The SAP error message FI560 ("The year for the line item must be earlier than the current year") typically occurs when you are trying to post a financial document with a date that is not allowed based on the system's configuration. This error is often related to the fiscal year settings in SAP.
  Cause:
  
  Incorrect Posting Date: The posting date of the line item is set to the current year or a future year, which is not allowed for certain types of transactions.
  Fiscal Year Settings: The fiscal year variant may be configured to restrict postings to previous years only.
  Document Type Restrictions: Certain document types may have restrictions on the posting periods they can be used for.
  
  Solution:
  
  
  Check Posting Date: Ensure that the posting date of the document you are trying to create is set to a date in a previous year. If you need to post to the current year or future year, check if the system allows it based on your configuration.
  
  
  Review Fiscal Year Variant: Go to the configuration settings for the fiscal year variant (Transaction code: OB29) and check the settings. Ensure that the periods for the previous years are open for posting.
  
  
  Open Posting Periods: If you need to post to a previous year, ensure that the posting period for that year is open. You can check and open periods using Transaction code: OB52.
  
  
  Document Type Configuration: Check if the document type you are using has any restrictions on the posting year. You can review this in the configuration settings for document types (Transaction code: OBA7).
  
  
  Consult with Finance Team: If you are unsure about the correct posting date or fiscal year settings, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB29: Configure fiscal year variant.
  OB52: Open/close posting periods.
  OBA7: Configure document types.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error message.
  
  
  User Authorization: Ensure that you have the necessary authorizations to post documents in the specified periods.
  
  
  By following these steps, you should be able to resolve the FI560 error and successfully post your financial documents.