How To Fix FMCU067 - Choose "0000" as the From-fiscal year for FM area &1 fund type &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCU - Customizing for budgeting in FM

• Message number: 067

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

What causes this issue?

You have selected overall budgeting for FM area &V1& and fund type &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 FMCU067 - Choose "0000" as the From-fiscal year for FM area &1 fund type &2 ?

  The SAP error message FMCU067 indicates that there is an issue with the fiscal year settings for a specific Fund Management (FM) area and fund type. This error typically arises when the system expects the fiscal year to be set to "0000" (which usually represents an open fiscal year) but it is not configured correctly.
  Cause:
  
  Incorrect Fiscal Year Configuration: The fiscal year for the specified FM area and fund type is not set to "0000", which is required for certain operations in Fund Management.
  Missing or Incomplete Settings: The configuration for the fund type or FM area may be incomplete or missing, leading to the system not recognizing the fiscal year correctly.
  Data Entry Error: There may have been an error in data entry when setting up the fund type or FM area.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Fund Management in SAP.
  Verify the settings for the FM area and fund type in question.
  Ensure that the fiscal year is set to "0000" where required.
  
  
  
  Adjust Fiscal Year Settings:
  
  If the fiscal year is not set to "0000", you may need to adjust it. This can typically be done in the configuration settings for the fund type or FM area.
  Navigate to the relevant transaction codes (like SPRO) to access the configuration for Fund Management.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Fund Management to understand the requirements for fiscal year settings.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue through configuration changes, consider reaching out to SAP support for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), FMAVCR01 (for fund management), and others that may be relevant to your specific setup.
  SAP Notes: Check for any SAP Notes related to FMCU067 for additional guidance or patches that may address the issue.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to identify the cause of the FMCU067 error and implement the necessary changes to resolve it.