How To Fix FINS_RECON_1010 - All fiscal years were processed

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_RECON_1 - Reconciliation after migration

• Message number: 010

• Message text: All fiscal years were processed

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 FINS_RECON_1010 - All fiscal years were processed ?

  The SAP error message FINS_RECON_1010 indicates that all fiscal years have already been processed in the context of financial reconciliation or closing activities. This error typically arises when a user attempts to perform a reconciliation or posting operation that is not applicable because the fiscal year in question has already been closed or processed.
  Cause:
  
  Fiscal Year Closure: The most common cause is that the fiscal year you are trying to process has already been closed. In SAP, once a fiscal year is closed, no further postings or reconciliations can be made for that year.
  Incorrect Period Selection: The user may have selected a period or fiscal year that is not open for posting.
  Configuration Issues: There may be configuration settings in the financial module that restrict processing for certain fiscal years.
  
  Solution:
  
  Check Fiscal Year Status: Verify the status of the fiscal year you are trying to process. You can do this by checking the financial closing status in the SAP system.
  Open the Fiscal Year: If you need to make adjustments or postings for a closed fiscal year, you may need to reopen the fiscal year. This typically requires specific authorizations and should be done with caution, as it can affect financial reporting.
  Adjust Period Selection: Ensure that you are selecting the correct fiscal year and period that is open for processing. You may need to adjust your selection criteria.
  Consult with Finance Team: If you are unsure about the status of the fiscal year or the implications of reopening it, consult with your finance team or SAP administrator for guidance.
  
  Related Information:
  
  SAP Documentation: Refer to the official SAP documentation for financial closing processes and fiscal year management for more detailed procedures.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (to manage posting periods) and F.01 (to check financial statements).
  User Authorizations: Ensure that you have the necessary authorizations to perform actions related to fiscal year processing.
  
  If the issue persists after checking these aspects, it may be beneficial to reach out to SAP support or your internal IT team for further assistance.