How To Fix FICUSTOM086 - FM fiscal year falls before fiscal year of the related invoice

SAP Error Message - Details

• Message type: E = Error

• Message class: FICUSTOM - Customizable Messages for Funds Management

• Message number: 086

• Message text: FM fiscal year falls before fiscal year of the related invoice

What causes this issue?

The document that you have posted references document &V1&\&V2&\&V3&.
Document &V1&\&V2&\&V3& is in fiscal year &V4& in Funds Management.
The posting is rejected because the documents have different fiscal
years.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

You have the following options:
Post the current document in accordance with the Funds Management fiscal
year.
Use fiscal year change operations in Funds Management to adjust the
fiscal year of the Funds Management document accordingly.
You can deactivate this message.
<ZH>Note</>
Note that inconsistencies can arise between the Funds Management data
and the FI data in this case. We therefore advise <ZH>against</>
deactivating this message.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICUSTOM086 - FM fiscal year falls before fiscal year of the related invoice ?

  The SAP error message FICUSTOM086 indicates that there is a mismatch between the fiscal year of a financial document (such as a journal entry or a payment) and the fiscal year of the related invoice. This typically occurs when you are trying to post a transaction that references an invoice from a different fiscal year than the one you are currently working in.
  Cause:
  
  Fiscal Year Mismatch: The most common cause is that the invoice you are trying to reference was created in a different fiscal year than the one you are currently in. For example, if the invoice was created in 2022 and you are trying to post a transaction in 2023, this error will occur.
  Document Type Restrictions: Certain document types may have restrictions that prevent posting to a fiscal year that is not aligned with the related documents.
  Configuration Issues: There may be configuration settings in the SAP system that restrict posting to certain fiscal years based on company code settings.
  
  Solution:
  
  Check Fiscal Year of Invoice: Verify the fiscal year of the invoice you are trying to reference. You can do this by looking up the invoice in the system and checking its details.
  Post in Correct Fiscal Year: If you need to post a transaction related to an invoice from a previous fiscal year, ensure that you are in the correct fiscal year when making the posting. You may need to change the posting date to match the fiscal year of the invoice.
  Adjust Document Type Settings: If applicable, review the document type settings in the configuration to ensure that they allow postings across fiscal years if that is a requirement for your business processes.
  Consult with Finance Team: If you are unsure about the fiscal year settings or how to proceed, consult with your finance or accounting team to ensure compliance with financial reporting standards and practices.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message. Sometimes, there may be known issues or fixes provided by SAP.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB60 (Enter Incoming Invoice), FB70 (Enter Outgoing Invoice), and others that may be involved in the process.
  Fiscal Year Variant: Understand the fiscal year variant settings in your SAP system, as these define how fiscal years are structured and can affect postings.
  Documentation: Review SAP documentation or user manuals related to financial postings and fiscal year management for more detailed guidance.
  
  By following these steps, you should be able to resolve the FICUSTOM086 error and successfully post your transactions.