How To Fix FMCU066 - Choose "0000" as the From-fiscal year for FM area &1 fund &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCU - Customizing for budgeting in FM

• Message number: 066

• Message text: Choose "0000" as the From-fiscal year for FM area &1 fund &2

What causes this issue?

You have selected overall budgeting for FM area <(>&<)>V1& and
fund <(>&<)>V2&..

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?

Please select "0000" as the "from" fiscal year.

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 FMCU066 - Choose "0000" as the From-fiscal year for FM area &1 fund &2 ?

  The SAP error message FMCU066 indicates that there is an issue with the fiscal year settings for a specific Fund Management (FM) area and fund. This error typically arises when you are trying to perform an action that requires a valid fiscal year, but the system is unable to find a valid fiscal year configuration for the specified fund.
  Cause:
  
  Invalid Fiscal Year Configuration: The fiscal year for the specified fund is not set up correctly, or the fiscal year does not exist in the system.
  Fund Management Area Settings: The FM area may not have the fiscal year defined properly, or it may not be activated for the fiscal year you are trying to use.
  Data Entry Error: There may be a mistake in the data entry where an incorrect fiscal year is being referenced.
  
  Solution:
  
  
  Check Fiscal Year Settings:
  
  Go to the Fund Management area configuration in SAP and verify that the fiscal year is correctly defined for the FM area and fund in question.
  Ensure that the fiscal year "0000" (which typically represents the initial fiscal year) is set up correctly.
  
  
  
  Activate Fiscal Year:
  
  If the fiscal year is not activated, you may need to activate it for the FM area. This can usually be done in the configuration settings for Fund Management.
  
  
  
  Review Fund Management Configuration:
  
  Navigate to the configuration settings for Fund Management and ensure that all necessary settings for the FM area and fund are correctly configured.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific steps on how to configure fiscal years in Fund Management.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FMX1 (Create Fund), FMX2 (Change Fund), or FMX3 (Display Fund) to check the fund details.
  Configuration Path: The configuration for Fund Management can typically be found under the following path in the SAP menu: SPRO -> IMG -> Public Sector Management -> Fund Management -> Basic Settings -> Define Fiscal Year.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  
  By following these steps, you should be able to resolve the FMCU066 error and ensure that your fiscal year settings are correctly configured for the specified FM area and fund.