How To Fix M8803 - Enter a fiscal year that is later than or same as the base year

M8803 - Overview

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 803

• Message text: Enter a fiscal year that is later than or same as the base year

What causes this issue?

The fiscal year is earlier than the LIFO base year.

How to fix this error?

If you have not entered a fiscal year, enter one now. Otherwise, make
sure that the fiscal year is after or the same as the specified base
year.

Error message extract from SAP system. Copyright SAP SE.

M8803 - Details

• The SAP error message M8803, "Enter a fiscal year that is later than or same as the base year," typically occurs in the context of material management or financial transactions where a fiscal year is being specified. This error indicates that the fiscal year you are trying to enter is earlier than the base year defined in the system.
  
  Cause:
  
  Incorrect Fiscal Year Entry: The fiscal year you are trying to enter is earlier than the base year set in the system.
  
  Configuration Issues: The base year may be incorrectly configured in the system settings.
  Data Entry Error: A simple typographical error when entering the fiscal year.
  
  
  Solution:
  
  
  Check the Fiscal Year: Ensure that the fiscal year you are entering is the same as or later than the base year. You can find the base year in the configuration settings or by consulting with your SAP administrator.
  
  
  Review Configuration: If you have access, check the configuration settings