How To Fix KM517 - No sets found for financial statement version &

SAP Error Message - Details

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 517

• Message text: No sets found for financial statement version &

What causes this issue?

No FI-SL (Special Purpose Ledgers) set could be found that corresponds
to the balance sheet/profit and loss structure &V1& and thus could be
copied to an account group in Profit Center Accounting.

System Response

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

How to fix this error?

First create the necessary FI-SL set for balance sheet/profit and loss
structure &V1& using the function <DS:TRAN.FSE4>Planning
Preparations</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM517 - No sets found for financial statement version & ?

  The SAP error message KM517 "No sets found for financial statement version &" typically occurs when you are trying to generate a financial statement or report, and the system cannot find the necessary configuration for the specified financial statement version. This can happen for several reasons, including missing or incorrect configuration settings.
  Causes:
  
  Missing Financial Statement Version: The financial statement version you are trying to use may not be defined in the system.
  Incorrect Configuration: The financial statement version may not be properly configured or linked to the relevant sets.
  Authorization Issues: The user may not have the necessary authorizations to access the financial statement version.
  Data Issues: There may be no data available for the specified financial statement version.
  
  Solutions:
  
  
  Check Financial Statement Version Configuration:
  
  Go to the transaction code OB58 (or navigate through the menu: Financial Accounting > General Ledger > Master Data > Financial Statement Version).
  Verify that the financial statement version you are trying to use is defined and correctly configured.
  
  
  
  Create or Modify Financial Statement Version:
  
  If the financial statement version does not exist, you may need to create it.
  If it exists but is not configured correctly, you can modify it to ensure it has the necessary sets defined.
  
  
  
  Check Set Assignments:
  
  Ensure that the financial statement version is assigned to the appropriate sets. You can check this in the same configuration area where you defined the financial statement version.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the financial statement version. This can be checked with your SAP security team.
  
  
  
  Data Availability:
  
  Check if there is any data available for the financial statement version. If there is no data, the system will not be able to generate the report.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed guidance on configuring financial statement versions and sets.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB58: Financial Statement Versions
  FS00: G/L Account Master Data
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to financial statement versions.
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered similar issues.
  
  By following these steps, you should be able to resolve the KM517 error and successfully generate the required financial statements.