How To Fix KW607 - Version does not exist for fiscal year &

SAP Error Message - Details

• Message type: E = Error

• Message class: KW - CO-ABC Activity-Based Costing

• Message number: 607

• Message text: Version does not exist for fiscal year &

What causes this issue?

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

System Response

Processing this version is not possible.

How to fix this error?

Check your entries, or create this version.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KW607 - Version does not exist for fiscal year & ?

  The SAP error message KW607, which states "Version does not exist for fiscal year &," typically occurs in the context of SAP Controlling (CO) when you are trying to access or process data related to a specific version in a fiscal year that has not been defined in the system.
  Cause:
  
  Missing Version Configuration: The version you are trying to use has not been set up for the specified fiscal year in the controlling area.
  Incorrect Version Number: The version number you are using may be incorrect or does not match any existing version in the system.
  Fiscal Year Not Open: The fiscal year you are trying to access may not be open for posting or may not have been configured properly.
  Data Entry Error: There may be a typographical error in the version or fiscal year being referenced.
  
  Solution:
  
  
  Check Version Configuration:
  
  Go to the transaction code OKV0 (Maintain Versions) in SAP.
  Verify that the version you are trying to use is defined for the relevant fiscal year and controlling area.
  If it does not exist, you can create a new version or modify an existing one to include the fiscal year in question.
  
  
  
  Verify Fiscal Year Settings:
  
  Ensure that the fiscal year is correctly defined in the system. You can check this in the configuration settings for the controlling area.
  Use transaction code OB29 to check the fiscal year variant settings.
  
  
  
  Check for Data Entry Errors:
  
  Double-check the version number and fiscal year you are entering to ensure there are no typographical errors.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP administrator or functional consultant for guidance.
  
  
  
  Testing:
  
  After making any changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OKV0: Maintain Versions
  OB29: Maintain Fiscal Year Variants
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to versioning and fiscal years.
  User Roles: Ensure that you have the necessary authorizations to view and modify version settings in SAP.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team for further investigation.