How To Fix GP626 - Version & is not defined for fiscal year &.

GP626 - Overview

• Message type: E = Error

• Message class: GP - FI-SL and CO planning

• Message number: 626

• Message text: Version & is not defined for fiscal year &.

What causes this issue?

The version &V1& is not defined in controlling area &V3& for the fiscal
year &V2&.
You have to maintain the fiscal year-dependent version parameters for
all actual versions for which multiple valuation is updated.

System Response

The version &V1& cannot be used for fiscal year &V2&.

How to fix this error?

Maintain the fiscal year-dependent version parameters for the version
&V1&.
<DS:TRAN.OKEV>Execute function</>

Error message extract from SAP system. Copyright SAP SE.

GP626 - Details

• The SAP error message GP626 typically indicates that there is an issue with the version definition for a specific fiscal year in the context of the SAP General Ledger or Financial Accounting module. This error often arises when trying to execute a report or transaction that requires a specific version of financial data that has not been defined for the specified fiscal year.
  
  Cause:
  
  Missing Version Definition: The version you are trying to use has not been defined for the specified fiscal year in the system.
  Incorrect Configuration: The configuration settings for the version in the financial settings may not be set up correctly.
  Fiscal Year Not Open: The fiscal year you are trying to access may not be open or may not have been properly configured in the system.
  
  
  Solution:
  
  
  Define the Version:
  
  Go to the transaction code OB58 (or the relevant configuration path) to define the version for the fiscal year.
  Ensure that the version you