How To Fix FR386 - Exactly one fiscal year must be specified

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 386

• Message text: Exactly one fiscal year must be specified

What causes this issue?

Restricting the document journal to exactly one fiscal year is
absolutely necessary due to the update in table TRVOR. If nothing else
is specified, the program uses &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR386 - Exactly one fiscal year must be specified ?

  The SAP error message FR386, which states "Exactly one fiscal year must be specified," typically occurs in the context of financial reporting or when executing certain transactions that require a specific fiscal year to be defined. This error indicates that the system expects a single fiscal year to be provided, but either none or multiple fiscal years have been specified.
  Cause:
  
  Missing Fiscal Year: The user did not specify any fiscal year in the selection criteria.
  Multiple Fiscal Years: The user specified more than one fiscal year, which is not allowed for the operation being performed.
  Incorrect Configuration: There may be an issue with the configuration of the fiscal year variant in the system.
  
  Solution:
  
  
  Specify a Single Fiscal Year:
  
  When prompted for a fiscal year, ensure that you enter only one fiscal year. For example, if you are running a report, make sure to select a specific year (e.g., 2023) rather than a range (e.g., 2022-2023).
  
  
  
  Check Input Fields:
  
  Review the input fields in the transaction or report to ensure that you have not inadvertently selected multiple fiscal years or left the fiscal year field blank.
  
  
  
  Review Transaction Settings:
  
  If you are using a custom transaction or report, check the settings or parameters to ensure that they are configured to accept only one fiscal year.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help files related to the specific transaction or report you are using for any additional requirements regarding fiscal year input.
  
  
  
  System Configuration:
  
  If the issue persists, consult with your SAP administrator or financial team to verify that the fiscal year variant is correctly configured in the system.
  
  
  
  Related Information:
  
  Fiscal Year Variant: In SAP, a fiscal year variant defines the fiscal year structure, including the number of periods and special periods. Ensure that the fiscal year variant is set up correctly in the system.
  Transaction Codes: The error may occur in various transaction codes related to financial reporting, such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), or others.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  If you continue to experience issues after following these steps, it may be beneficial to reach out to SAP support or your internal IT team for further assistance.