How To Fix FMCF705 - Year of cash effectivity &1 is later than fiscal year &2

FMCF705 - Overview

• Message type: E = Error

• Message class: FMCF -

• Message number: 705

• Message text: Year of cash effectivity &1 is later than fiscal year &2

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FMCF705 - Year of cash effectivity &1 is later than fiscal year &2 ?

  The SAP error message FMCF705 indicates that there is a mismatch between the year of cash effectivity and the fiscal year in your financial transaction. Specifically, it means that the cash effectivity year (the year in which a cash flow is effective) is later than the fiscal year that is currently being processed.
  
  Cause:
  
  Incorrect Cash Flow Configuration: The cash flow might have been configured with a cash effectivity year that is set to a future year, which is not allowed when processing transactions for the current fiscal year.
  Data Entry Error: There may have been a mistake in entering the cash flow data, leading to an incorrect year being specified.
  System Settings: The fiscal year settings in the system may not align with the cash flow settings, causing discrepancies.
  
  
  Solution:
  
  Check Cash Flow Configuration: Review the configuration of the cash flow in question. Ensure that the cash effectivity year is set correctly and is not