SAP Knowledge Base Article - Public

2533338 - Error Message: Company ABC Set of Books: No Fiscal Year is maintained


  • You want to update or enter the inventory cost for a material.
  • In the Valuation master data tab you verify that the company - business residence combination is active.
  • However, the Edit Cost function is grayed out (if you try to enter the data manually for the first time) or an error message appears when trying to update the previously migrated value: "Company ABC Set of Books XYZ : No Fiscal Year YYYY is maintained' (ABC represents the company ID, XYZ represent the set of books ID, YYYY represents the missing fiscal year). 


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Reproducing the Issue

  1. In the Product Data work center go to the Materials view. 
  2. Find material FGH (FGH represents the material ID). 
  3. Press Edit and then View All. 
  4. Go to the Valuation tab.
  5. Select a company- business residence combination.

The error message "Company ABC Set of Books XYZ : No Fiscal Year YYYY is maintained" appears.


For the company ABC - set of books XYZ combination no fiscal year is maintained.


Maintain a fiscal year for company ABC and set of books XYZ:

  1. In the General Ledger go to the Sets of Books and Assigned Companies view. 
  2. Find set of books XYZ in combination with company ABC.
  3. Press Edit Fiscal Years. 
  4. You notice that no fiscal year exists.
  5. Press New Fiscal Year. 
  6. Press Save and close. 

You should now be able to enter the inventory cost for the material.

See Also

2137781 - Error Message : Company ABC: Already Assigned To A Different Set Of Books


KBA , SRD-MD-PRD-PRD , Product , How To


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