How To Fix KD075 - First day of the fiscal year could not be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 075

• Message text: First day of the fiscal year could not be determined

What causes this issue?

The first day of fiscal year &V1& could not be determined. Fiscal year
variant &v2& is probably maintained incompletely.

System Response

Processing stopped.

How to fix this error?

Check fiscal year variant &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KD075 - First day of the fiscal year could not be determined ?

  The SAP error message KD075, which states "First day of the fiscal year could not be determined," typically occurs in the context of controlling (CO) module transactions, particularly when dealing with cost centers, internal orders, or other controlling objects. This error indicates that the system is unable to identify the starting date of the fiscal year for the specified controlling area.
  Causes:
  
  Missing or Incorrect Fiscal Year Variant: The fiscal year variant may not be properly assigned to the controlling area or may not be defined correctly.
  Configuration Issues: The fiscal year settings in the configuration may not be set up correctly, leading to the system being unable to determine the first day of the fiscal year.
  Master Data Issues: The master data for the controlling area, such as cost centers or internal orders, may not be correctly maintained or may be missing.
  Period Locking: The periods may be locked in the system, preventing the system from accessing the necessary fiscal year information.
  
  Solutions:
  
  
  Check Fiscal Year Variant:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Fiscal Year > Define Fiscal Year Variants.
  Ensure that the fiscal year variant is correctly defined and assigned to the controlling area.
  
  
  
  Verify Controlling Area Settings:
  
  Check the settings for the controlling area (Transaction code: OKEQ).
  Ensure that the fiscal year variant is assigned to the controlling area.
  
  
  
  Review Master Data:
  
  Check the master data for cost centers, internal orders, or any other relevant controlling objects to ensure they are correctly set up and assigned to the appropriate controlling area.
  
  
  
  Check Periods:
  
  Ensure that the periods are open for posting. You can check this in the transaction code: OB52 (Maintain Periods).
  
  
  
  Consult Documentation:
  
  If the issue persists, refer to SAP documentation or consult with your SAP Basis or functional team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  SPRO (Customizing)
  OKEQ (Controlling Area Settings)
  OB52 (Maintain 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 access the controlling area and perform the required transactions.
  
  By following these steps, you should be able to identify and resolve the issue causing the KD075 error message in SAP.