How To Fix FMFG_ABP017 - Wrong fiscal year &1 of document item (&2 &3): Fiscal year updated is &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FMFG_ABP - Automatic Budget Postings

• Message number: 017

• Message text: Wrong fiscal year &1 of document item (&2 &3): Fiscal year updated is &4

What causes this issue?

Funds Management (FM) is updated by document item &V2& &V3& in fiscal
year &V1& instead of &V4&. Automated budget postings require all items
related to a single transaction to update FM in the same fiscal year.

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?

Carry forward all items to the current fiscal year &V4&.

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 FMFG_ABP017 - Wrong fiscal year &1 of document item (&2 &3): Fiscal year updated is &4 ?

  The SAP error message FMFG_ABP017 indicates that there is a mismatch between the fiscal year of a document item and the fiscal year that is being processed or updated. This error typically occurs in the context of financial document processing, particularly when dealing with budget management or funds management in SAP.
  Cause:
  
  Fiscal Year Mismatch: The fiscal year of the document item does not match the fiscal year that is currently being processed. This can happen if the document was created in a different fiscal year and is being modified or posted in a different one.
  Incorrect Document Date: The document date may be set to a date that falls outside the allowed range for the fiscal year.
  Configuration Issues: There may be configuration issues in the fiscal year settings in the SAP system, such as incorrect fiscal year variant settings.
  Posting Period Issues: The posting period may be closed or not open for the fiscal year in question.
  
  Solution:
  
  Check Document Dates: Verify the document date and ensure it falls within the correct fiscal year. If necessary, adjust the document date to match the fiscal year you are working with.
  Review Fiscal Year Settings: Check the fiscal year variant settings in the configuration to ensure they are set up correctly. This can be done in the SPRO transaction under Financial Accounting (FI) settings.
  Open Posting Periods: Ensure that the posting period for the fiscal year is open. You can check this in the transaction code OB52, where you can view and adjust the open and closed posting periods.
  Correct Document Item: If the document item is indeed from a different fiscal year, you may need to create a new document in the correct fiscal year or adjust the existing document to align with the current fiscal year.
  Consult with Finance Team: If you are unsure about the fiscal year settings or how to proceed, consult with your finance team or SAP support for guidance.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FB02 (Change Document), OB52 (Open/Close Posting Periods), and SPRO (SAP Reference IMG) to resolve the issue.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Review SAP documentation related to Funds Management and Fiscal Year settings for a deeper understanding of how fiscal years are managed in SAP.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.