How To Fix K6642 - Fiscal year &1 is not maintained.

SAP Error Message - Details

• Message type: E = Error

• Message class: K6 - EC-EIS/EC-BP data basis: Data entry and collection

• Message number: 642

• Message text: Fiscal year &1 is not maintained.

What causes this issue?

The fiscal year is not maintained in table T242B.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Make the corresponding entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K6642 - Fiscal year &1 is not maintained. ?

  The SAP error message K6642, which states "Fiscal year &1 is not maintained," typically occurs in the context of controlling (CO) or financial accounting (FI) when the system is unable to find the fiscal year specified in the configuration. This can happen during various processes, such as posting transactions or running reports.
  Cause:
  
  Fiscal Year Not Defined: The fiscal year specified in the transaction or report is not defined in the system.
  Incorrect Configuration: The fiscal year variant may not be properly configured or assigned to the company code or controlling area.
  Data Entry Error: There may be a typo or incorrect fiscal year entered in the transaction.
  Period Locking: The fiscal year might be locked for posting, which can also lead to this error.
  
  Solution:
  
  
  Check Fiscal Year Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings > Fiscal Year > Maintain Fiscal Year Variants.
  Ensure that the fiscal year variant is correctly defined and includes the year in question.
  
  
  
  Assign Fiscal Year Variant:
  
  Ensure that the fiscal year variant is assigned to the relevant company code or controlling area.
  This can be done in the same SPRO path under Assign Fiscal Year Variant to Company Code.
  
  
  
  Verify Transaction Data:
  
  Double-check the transaction or report where the error occurred to ensure that the fiscal year entered is correct and exists in the system.
  
  
  
  Check Period Status:
  
  Use transaction code OB52 to check the status of the posting periods. Ensure that the fiscal year is open for posting.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  SPRO (Customizing)
  OB52 (Manage Posting Periods)
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to fiscal year configuration.
  User Roles: Ensure that the user has the necessary authorizations to view and modify fiscal year settings.
  
  By following these steps, you should be able to resolve the K6642 error and ensure that the fiscal year is properly maintained in your SAP system.