How To Fix GC704 - Fiscal year missing

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 704

• Message text: Fiscal year missing

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 GC704 - Fiscal year missing ?

  The SAP error message GC704 ("Fiscal year missing") typically occurs when the system is unable to find a fiscal year for a particular transaction or posting. This can happen for various reasons, often related to configuration or data entry issues. Here’s a breakdown of the potential causes, solutions, and related information:
  Causes:
  
  Missing Fiscal Year Variant: The fiscal year variant may not be defined for the company code or the specific transaction.
  Incorrect Configuration: The fiscal year settings in the configuration may not be set up correctly, leading to the system not recognizing the fiscal year.
  Posting Periods Not Open: The posting periods for the fiscal year may not be open, preventing any transactions from being processed.
  Data Entry Errors: The user may have entered an incorrect date or fiscal year in the transaction.
  Company Code Issues: The company code may not be assigned to a fiscal year variant.
  
  Solutions:
  
  
  Check Fiscal Year Variant:
  
  Go to the configuration settings in SAP (Transaction Code: OB29) and ensure that the fiscal year variant is correctly assigned to the company code.
  
  
  
  Verify Posting Periods:
  
  Check the posting periods (Transaction Code: OB52) to ensure that the relevant periods for the fiscal year are open for posting.
  
  
  
  Review Configuration:
  
  Ensure that the fiscal year settings are correctly configured in the system. This includes checking the fiscal year variant and its settings.
  
  
  
  Correct Data Entry:
  
  Review the transaction data for any incorrect dates or fiscal year entries. Ensure that the date falls within an open posting period.
  
  
  
  Assign Company Code:
  
  If the company code is not assigned to a fiscal year variant, you can assign it in the configuration settings.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB29: Define Fiscal Year Variants
  OB52: Open and Close Posting Periods
  OBY6: Assign Company Code to Fiscal Year Variant
  
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring fiscal year variants and managing posting periods.
  
  
  User Roles: Ensure that the user has the necessary authorizations to perform the required actions in the system.
  
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any specific patches or updates related to this error.