How To Fix UGMD602 - You must set the fiscal year and period

SAP Error Message - Details

• Message type: E = Error

• Message class: UGMD - FIN Master Data: Messages

• Message number: 602

• Message text: You must set the fiscal year and period

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message UGMD602 - You must set the fiscal year and period ?

  The SAP error message UGMD602, which states "You must set the fiscal year and period," typically occurs when a user attempts to perform a transaction that requires a fiscal year and period to be specified, but these values have not been set or are missing in the relevant context.
  Cause:
  
  Missing Fiscal Year and Period: The most common cause of this error is that the fiscal year and period have not been defined in the transaction or document you are trying to process.
  Configuration Issues: There may be configuration issues in the system that prevent the fiscal year and period from being recognized.
  User Input Error: The user may have overlooked entering the fiscal year and period in the relevant fields.
  Transaction Type: Certain transaction types may require specific fiscal year and period settings that are not being met.
  
  Solution:
  
  Check Input Fields: Ensure that you have entered the fiscal year and period in the appropriate fields of the transaction you are trying to execute.
  Review Document Settings: If you are working with a document (like a journal entry or invoice), check the document settings to ensure that the fiscal year and period are correctly set.
  Configuration Review: If you have the necessary permissions, review the configuration settings in the SAP system to ensure that the fiscal year and periods are properly defined for the relevant company code and accounting settings.
  Consult with SAP Support: If the issue persists, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any known issues or patches related to this error message.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes like FB50 (General Ledger Account Document Entry), F-02 (General Posting), or others that require fiscal year and period.
  Fiscal Year Variant: Ensure that the fiscal year variant assigned to your company code is correctly configured and that the fiscal year and periods are open for posting.
  User Roles and Authorizations: Check if your user role has the necessary authorizations to access and modify fiscal year and period settings.
  
  By following these steps, you should be able to resolve the UGMD602 error and proceed with your transaction in SAP.