How To Fix FI_E031 - The fiscal year & is invalid

SAP Error Message - Details

• Message type: E = Error

• Message class: FI_E - Message Class for FM English Developers

• Message number: 031

• Message text: The fiscal year & is invalid

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 FI_E031 - The fiscal year & is invalid ?

  The SAP error message FI_E031, which states "The fiscal year & is invalid," typically occurs when there is an issue related to the fiscal year settings in the SAP system. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Invalid Fiscal Year: The fiscal year you are trying to use does not exist in the system. This could be due to a typo or because the fiscal year has not been defined in the system.
  Fiscal Year Variant: The fiscal year variant assigned to the company code may not include the fiscal year you are trying to use.
  Period Closing: The fiscal year may be closed, and no further postings can be made to that year.
  Configuration Issues: There may be configuration issues in the financial accounting settings that prevent the system from recognizing the fiscal year.
  
  Solution:
  
  
  Check Fiscal Year Configuration:
  
  Go to the transaction code OB29 to check the fiscal year variants and ensure that the fiscal year in question is defined.
  Verify that the fiscal year variant assigned to your company code includes the fiscal year you are trying to use.
  
  
  
  Verify Company Code Settings:
  
  Use transaction code OBY6 to check the settings for your company code and ensure that the fiscal year variant is correctly assigned.
  
  
  
  Check Period Status:
  
  Use transaction code OB52 to check the status of the posting periods. Ensure that the periods for the fiscal year are open for posting.
  
  
  
  Review Posting Document:
  
  If you are trying to post a document, double-check the document date and ensure it falls within the valid range of the fiscal year.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above settings, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Fiscal Year Variants: These define how the fiscal year is structured (e.g., number of periods, special periods).
  Posting Periods: These are defined in the system to control when transactions can be posted.
  SAP Documentation: Refer to SAP Help documentation for detailed information on configuring fiscal year variants and posting periods.
  
  By following these steps, you should be able to identify and resolve the issue related to the FI_E031 error message in SAP.