How To Fix FSBP_FISCAL_YEAR006 - Currency &1 is not defined (fiscal year &2)

SAP Error Message - Details

• Message type: E = Error

• Message class: FSBP_FISCAL_YEAR - Fiscal Year Information

• Message number: 006

• Message text: Currency &1 is not defined (fiscal year &2)

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FSBP_FISCAL_YEAR006 - Currency &1 is not defined (fiscal year &2) ?

  The SAP error message FSBP_FISCAL_YEAR006 indicates that a specific currency is not defined for a given fiscal year in the system. This error typically arises in the context of financial transactions, reporting, or when trying to post documents in a specific currency for a fiscal year that has not been properly configured.
  Cause:
  
  Missing Currency Configuration: The currency specified in the error message is not defined for the fiscal year indicated. This can happen if the currency was not set up in the system for that particular fiscal year.
  Fiscal Year Variant Issues: The fiscal year variant may not have been properly assigned to the company code or the currency may not be included in the fiscal year variant settings.
  Incorrect Posting Period: The posting period may not be open for the specified fiscal year and currency combination.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and ensure that the currency is defined for the fiscal year in question.
  Verify that the currency is included in the relevant settings for the company code.
  
  
  
  Review Fiscal Year Variant:
  
  Use transaction code OB37 to check the fiscal year variant settings. Ensure that the currency is included in the fiscal year variant assigned to the company code.
  If necessary, modify the fiscal year variant to include the missing currency.
  
  
  
  Open Posting Periods:
  
  Check the posting periods using transaction code OB52. Ensure that the posting period for the fiscal year and currency is open for posting transactions.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team to ensure that all configurations are correctly set up.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB37: Maintain Fiscal Year Variants
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Roles: Ensure that the user has the necessary authorizations to make changes to currency and fiscal year settings.
  
  By following these steps, you should be able to resolve the error message FSBP_FISCAL_YEAR006 and ensure that the currency is properly defined for the specified fiscal year.