How To Fix FMKU021 - Fiscal year &1 does not correspond to the posting date entered

FMKU021 - Overview

• Message type: E = Error

• Message class: FMKU - FM budgeting, kernel utilities

• Message number: 021

• Message text: Fiscal year &1 does not correspond to the posting date entered

What causes this issue?

The system automatically determines the fiscal year from the posting
date entered. However, the fiscal year you have entered, &V1&, differs
from the posting date.

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?

Either do not enter a fiscal year or enter the fiscal year that
corresponds to the posting date.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMKU021 - Fiscal year &1 does not correspond to the posting date entered ?

  The SAP error message FMKU021 indicates that there is a mismatch between the fiscal year defined in the system and the posting date you are trying to use for a financial transaction. This error typically occurs in the context of Funds Management (FM) when the fiscal year of the document does not align with the fiscal year of the posting date.
  
  Cause:
  
  Mismatched Fiscal Year: The fiscal year defined in the system for the transaction does not match the fiscal year of the posting date you have entered.
  Incorrect Posting Date: The posting date may be set to a date that falls outside the defined fiscal year in the system.
  
  Configuration Issues: There may be configuration issues in the fiscal year variant settings or the posting periods.
  
  
  Solution:
  
  Check Posting Date: Verify the posting date you are using. Ensure that it falls within the correct fiscal year as defined in your SAP system.
  Review Fiscal Year Settings: