2198823 - Project Plan Values Not Calculated - 'Cannot derive FY/period from start date'

In the Projects view of the Cost and Revenue workcenter, no plan values are calculated for project XYZ. The error message displayed mentions that the fiscal year/period could not be derived:

'Cannot derive FY/period from start date DD.MM.YYYY (company ABC / SoB DEF)'.

This problem leads to not having the Total Planned Cost calculated under the Project Overview tab in the project.

XYZ means Project ID.

ABC means Company ID and Name.

DEF means Set of Books ID.

SAP Business ByDesign

1. Go to the Cost and Revenue workcenter.
2. Choose the Projects view.
3. Select project ID XYZ.
4. Click View Planned Values.
5. Under the Messages tab you can see an error message 'Cannot derive FY/period from start date DD.MM.YYYY (company ABC / SoB DEF)'.

The Start Date and End Date maintained for the project define an interval referring to a fiscal year not yet created in the system.
Example: The Start Date is set to the 28.07.2015 and the End Date to the 05.02.2016. If you have not created the Fiscal Year 2016 in the system yet, the error message will be generated.

You need to create the relevant Fiscal Year for the Company and Set of Books mentioned in the error message, as follows:

1. Go to the General Ledger workcenter.
2. Choose the Sets of Books and Assigned Companies view.
3. Select the revelant Company and Set of Books.
4. Click Edit Fiscal Years.
5. Click New Fiscal Year.

Please note that you can have only three fiscal years open in the system at any given point of time.

If you have defined any fiscal year variant as year-specific you have to maintain the required periods in continuation, as follows:

1. Go to Business Configuration work center.
2. Choose Implementation Projects view.
3. Choose your implementation project and choose Open Activity List.
4. Choose the activity Other Fiscal Year from the activity list.
5. Choose the Fiscal Year Variants.
6. Under period details maintain the required periods in a continuation.

For instance, if the start date of project is 01.01.2015 and end date is 30.12.2020, in this case all the accounting periods have to be maintained for years 2015, 2016, 2017, 2018, 2019 and 2020.

Plan values, Project, Fiscal year , KBA , AP-PRO , Project Processing , How To