How To Fix KZ406 - Value date does not fall within the specified fiscal year

KZ406 - Overview

• Message type: E = Error

• Message class: KZ - Cost Object Repetitive Mfg / Process Mfg

• Message number: 406

• Message text: Value date does not fall within the specified fiscal year

What causes this issue?

The value date you entered does not fall in the fiscal year you entered.

How to fix this error?

Change the value date.

Error message extract from SAP system. Copyright SAP SE.

KZ406 - Details

• The SAP error message KZ406, which states "Value date does not fall within the specified fiscal year," typically occurs when a transaction is being processed with a value date that is outside the range of the defined fiscal year in the system. This can happen in various modules, such as Financial Accounting (FI) or Controlling (CO), when trying to post a document or execute a transaction.
  
  Cause:
  
  Value Date Issue: The value date entered for the transaction is either earlier than the start date of the fiscal year or later than the end date of the fiscal year.
  Fiscal Year Variant: The fiscal year variant assigned to the company code may not align with the value date being used.
  Period Closing: The fiscal year may have been closed, and postings are not allowed for periods outside the open fiscal year.
  Configuration Errors: There may be configuration issues in the fiscal year settings or the posting