How To Fix FMMD_E016 - Fiscal year could not derived for date &1, &2, system will use year &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FMMD_E - Funds Management Master Data

• Message number: 016

• Message text: Fiscal year could not derived for date &1, &2, system will use year &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FMMD_E016 - Fiscal year could not derived for date &1, &2, system will use year &3 ?

  The SAP error message FMMD_E016 indicates that the system was unable to derive the fiscal year for a specific date. This can occur in various scenarios, such as during the posting of financial documents, when executing reports, or when performing other financial transactions.
  Cause:
  The error typically arises due to one of the following reasons:
  
  
  Incorrect Date Configuration: The date provided does not fall within the defined fiscal year periods in the system. This can happen if the fiscal year variant is not set up correctly or if the date is outside the range of the fiscal year.
  
  
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code may not be properly configured, or there may be inconsistencies in the fiscal year settings.
  
  
  Missing or Incorrect Periods: The posting period for the specified date may be closed or not open for posting, leading to the inability to derive the fiscal year.
  
  
  Custom Code or User Exits: If there are custom developments or user exits that manipulate date or fiscal year logic, they may be causing the issue.
  
  
  Solution:
  To resolve the FMMD_E016 error, you can take the following steps:
  
  
  Check Fiscal Year Variant:
  
  Go to the transaction code OB29 to review the fiscal year variant settings.
  Ensure that the fiscal year variant assigned to the company code is correct and that the fiscal year periods are defined properly.
  
  
  
  Verify Posting Periods:
  
  Use transaction code OB52 to check the open and closed posting periods for the relevant company code and fiscal year.
  Make sure that the posting period for the date in question is open.
  
  
  
  Review Date Input:
  
  Double-check the date being used in the transaction. Ensure it is within the expected range of the fiscal year.
  
  
  
  Check Custom Code:
  
  If there are any custom developments or enhancements, review them to ensure they are not interfering with the fiscal year determination logic.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to fiscal year settings and the specific error message for additional insights.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB29: Maintain Fiscal Year Variants
  OB52: Open and Close Posting Periods
  FMMD: Financial Management Module transactions
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered similar issues.
  
  
  By following these steps, you should be able to identify the root cause of the FMMD_E016 error and implement the necessary corrections to resolve it.