How To Fix KOPV003 - Version &1 not defined for fiscal year &2

SAP Error Message - Details

• Message type: E = Error

• Message class: KOPV - Messages for Plan Version Copying

• Message number: 003

• Message text: Version &1 not defined for fiscal year &2

What causes this issue?

Version &V1& is not defined in controlling area &V3& for fiscal year
&V2&.

System Response

You cannot use version &V1& for fiscal year &V2&.

How to fix this error?

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

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KOPV003 - Version &1 not defined for fiscal year &2 ?

  The SAP error message KOPV003 indicates that a specific version (in this case, &1) is not defined for a particular fiscal year (indicated by &2) in the context of controlling (CO) or profitability analysis (CO-PA). This error typically arises when you are trying to execute a report or transaction that requires a version that has not been set up for the specified fiscal year.
  Cause:
  
  Version Not Defined: The version you are trying to use has not been configured for the specified fiscal year in the controlling area.
  Incorrect Version: You may be using an incorrect version number that does not exist in the system.
  Fiscal Year Settings: The fiscal year settings may not include the version you are trying to access.
  
  Solution:
  To resolve the KOPV003 error, you can follow these steps:
  
  
  Check Version Configuration:
  
  Go to the transaction code OKKP (for controlling area settings).
  Check the version settings for the controlling area and ensure that the version you are trying to use is defined for the fiscal year in question.
  
  
  
  Define the Version:
  
  If the version is not defined, you can create it by going to the transaction code OKV0 (for defining versions).
  Create a new version or modify an existing one to include the fiscal year you need.
  
  
  
  Verify Fiscal Year Settings:
  
  Ensure that the fiscal year variant is correctly assigned to the controlling area and that it includes the necessary periods for the version you are trying to use.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to access the version and fiscal year in question.
  
  
  
  Consult Documentation:
  
  If you are unsure about the settings, refer to SAP documentation or consult with your SAP administrator for guidance on how to properly configure versions and fiscal years.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OKKP: Controlling Area Settings
  OKV0: Define Versions
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to version definitions and fiscal year settings.
  SAP Community: Engage with the SAP Community forums for additional insights and solutions from other users who may have encountered similar issues.
  
  By following these steps, you should be able to resolve the KOPV003 error and successfully execute your desired reports or transactions in SAP.