How To Fix KB015 - Fiscal year or posting period are unknown

KB015 - Overview

• Message type: E = Error

• Message class: KB - Controlling: Reporting

• Message number: 015

• Message text: Fiscal year or posting period are unknown

What causes this issue?

To analyze particular line items, the SAP System must determine the
analysis period. You must enter the posting period (fiscal year and
period).

System Response

The SAP System cannot run the evaluation.

How to fix this error?

If you are using a report other than the standard report to analyze the
line items, the error may be caused by the report definition. In this
case, change the definition of the report. Entering the fiscal year and
posting period in the report ensures that the SAP System can determine
the analysis period.

Error message extract from SAP system. Copyright SAP SE.

KB015 - Details

• The SAP error message KB015, which states "Fiscal year or posting period are unknown," typically occurs when there is an issue with the fiscal year or posting period settings in the system. This error can arise in various transactions, particularly in financial postings or when trying to execute reports that require a valid fiscal year or posting period.
  Causes:
  
  Incorrect Fiscal Year Variant: The fiscal year variant assigned to the company code may not be correctly configured or may not match the fiscal year being used in the transaction.
  Closed Posting Period: The posting period for the specified fiscal year may be closed, preventing any postings or transactions from being processed.
  Missing Configuration: The fiscal year or posting period may not be defined in the system for the specific company code or controlling area.
  Incorrect Date: The date being used in the transaction may fall outside the defined fiscal year or posting periods.
  Authorization Issues: Sometimes,