How To Fix UCR0005 - Fiscal year not specified

UCR0005 - Overview

• Message type: E = Error

• Message class: UCR0 - Messages for Reporting of Transaction Data

• Message number: 005

• Message text: Fiscal year not specified

What causes this issue?

You need to specify the fiscal year in the report to enable the system
to determine the consolidation units each consolidation group consists
of. The fiscal year must be specified per cell. This has not been done
for this report.

System Response

Processing terminated

How to fix this error?

Either use the characteristic "reference fiscal year", or enter the
fiscal year for each cell.

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 UCR0005 - Fiscal year not specified ?

  The SAP error message UCR0005, which states "Fiscal year not specified," typically occurs in the context of financial transactions or reporting when the system cannot determine the fiscal year for the operation being performed. This can happen in various modules, including Financial Accounting (FI), Controlling (CO), or when dealing with Universal Journal entries.
  
  Cause:
  
  Missing Configuration: The fiscal year variant may not be properly configured in the system.
  Transaction Data: The transaction being processed does not have a fiscal year specified, which is necessary for the system to process the entry.
  Master Data Issues: The master data (like company code or controlling area) may not have a fiscal year variant assigned.
  Incorrect Posting Period: The posting period may not be open or may not correspond to the fiscal year being referenced.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Financial Accounting (FI) > Financial Accounting Global Settings > Fiscal Year Change and