How To Fix FMAVC261 - Reference year required for Master Data selection

SAP Error Message - Details

• Message type: E = Error

• Message class: FMAVC - Message class AVC funds management

• Message number: 261

• Message text: Reference year required for Master Data selection

What causes this issue?

You are trying to select FM account assignments for FM area &V1&, which
uses year-dependent master data. In this case, you need a vaid fiscal
year as a reference, in order to select FM account assignments.

System Response

If the program has been called in background mode, then processing
aborts if the invisible selection parameter <LS>P_YEAR</> is blank.

How to fix this error?

Online mode:
Select a valid reference year in the dialog.
Background mode:
Define a selection variant which uses a valid fiscal year value for the
parameter <LS>P_YEAR</> .

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMAVC261 - Reference year required for Master Data selection ?

  The SAP error message FMAVC261: Reference year required for Master Data selection typically occurs in the context of the Funds Management (FM) module when you are trying to execute a transaction that requires a reference year for selecting master data, such as budget or commitment data.
  Cause:
  This error usually arises due to one of the following reasons:
  
  Missing Reference Year: The system requires a reference year to filter or select the relevant master data, but it has not been provided in the transaction or report you are trying to execute.
  Configuration Issues: There may be configuration settings in the Funds Management module that are not set up correctly, leading to the system not being able to determine the reference year.
  Data Entry Error: The user may have overlooked entering the reference year in the selection criteria.
  
  Solution:
  To resolve the FMAVC261 error, you can take the following steps:
  
  
  Enter Reference Year:
  
  When executing the transaction or report, ensure that you have entered a valid reference year in the selection criteria. This is typically a fiscal year that corresponds to the data you are trying to access.
  
  
  
  Check Configuration:
  
  If you are responsible for system configuration, check the settings in the Funds Management module to ensure that the reference year is properly defined and that the system is set up to recognize it.
  
  
  
  Review Documentation:
  
  Consult the SAP documentation or help files related to the specific transaction you are using to understand the requirements for entering a reference year.
  
  
  
  User Training:
  
  If this error is occurring frequently among users, consider providing training or guidance on how to properly enter selection criteria, including the reference year.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, it may be beneficial to consult with SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: The error may occur in various transactions related to Funds Management, such as budget reports, commitment tracking, or budget planning.
  Fiscal Year Variants: Ensure that the fiscal year variant is correctly configured in the system, as this can affect how reference years are interpreted.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  By following these steps, you should be able to resolve the FMAVC261 error and successfully execute your transaction or report in SAP.