How To Fix KR203 - Fiscal year &1 in controlling area &2 is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: KR - Archiving Reports and Utilities

• Message number: 203

• Message text: Fiscal year &1 in controlling area &2 is not defined

What causes this issue?

You have entered fiscal year &V1& and controlling area &V2&. A fiscal
year-dependent fiscal year variant has been assigned to controlling
area &V2&, in which fiscal year &V1& has not been defined.

How to fix this error?

Check the fiscal year entered.

Procedure for System Administrators

The assignment of the fiscal year variant to the controlling area or
the definition of the fiscal year variant may be incorrect. You need to
check both and make any necessary corrections.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KR203 - Fiscal year &1 in controlling area &2 is not defined ?

  The SAP error message KR203 indicates that the fiscal year specified in the controlling area is not defined. This error typically occurs when you are trying to perform a transaction in SAP that requires a valid fiscal year configuration, but the system cannot find the fiscal year you are referencing.
  Cause:
  
  Fiscal Year Not Defined: The fiscal year you are trying to use has not been defined in the controlling area.
  Incorrect Configuration: There may be a mismatch between the fiscal year variant assigned to the controlling area and the fiscal year you are trying to use.
  Data Entry Error: The fiscal year or controlling area may have been entered incorrectly in the transaction.
  
  Solution:
  
  
  Check Fiscal Year Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Reference IMG) > Controlling > General Controlling > Fiscal Year > Define Fiscal Year Variants.
  Ensure that the fiscal year you are trying to use is defined and correctly configured for the controlling area in question.
  
  
  
  Assign Fiscal Year Variant:
  
  Ensure that the fiscal year variant is assigned to the controlling area.
  Navigate to SPRO > Controlling > General Controlling > Fiscal Year > Assign Fiscal Year Variant to Controlling Area.
  Check if the correct fiscal year variant is assigned to the controlling area.
  
  
  
  Verify Transaction Data:
  
  Double-check the data you are entering in the transaction to ensure that the fiscal year and controlling area are correct.
  
  
  
  Consult Documentation:
  
  If you are unsure about the fiscal year settings, consult your organization's SAP documentation or reach out to your SAP administrator for assistance.
  
  
  
  Related Information:
  
  Fiscal Year Variants: These define how the fiscal year is structured (e.g., number of periods, special periods).
  Controlling Area: This is an organizational unit in SAP that represents a closed system used for cost accounting.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OKEQ (for controlling area settings) and OB29 (for fiscal year variant settings).
  
  By following these steps, you should be able to resolve the KR203 error and ensure that the fiscal year is properly defined for your controlling area in SAP.