FI268 - Down payment &1 &2 &3 in incorrect fiscal year (current fiscal year &4)

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 268

• Message text: Down payment &1 &2 &3 in incorrect fiscal year (current fiscal year &4)

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

AnswerBot

• What is the cause and solution for SAP error message FI268 - Down payment &1 &2 &3 in incorrect fiscal year (current fiscal year &4) ?

  The SAP error message FI268 indicates that there is an issue with a down payment that is being processed in an incorrect fiscal year. The message typically includes placeholders for specific details, such as the down payment document number and the fiscal years involved.
  Cause:
  The error occurs when:
  
  A down payment is being posted or processed in a fiscal year that does not match the current fiscal year defined in the system.
  The down payment document may have been created in a previous fiscal year, and the system is trying to process it in the current fiscal year, which is not allowed due to configuration settings or business rules.
  The fiscal year variant settings may not allow postings to be made in the specified fiscal year.
  
  Solution:
  To resolve the FI268 error, you can take the following steps:
  
  
  Check the Fiscal Year Settings:
  
  Verify the fiscal year variant settings in the SAP system. Ensure that the fiscal year is open for posting and that the down payment is being processed in the correct fiscal year.
  
  
  
  Review the Down Payment Document:
  
  Check the details of the down payment document (e.g., document number, date) to confirm which fiscal year it was created in. If it was created in a previous fiscal year, you may need to adjust your posting or create a new down payment in the current fiscal year.
  
  
  
  Adjust Posting Date:
  
  If the posting date of the transaction is incorrect, adjust it to fall within the open periods of the current fiscal year.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the fiscal year settings or how to proceed, consult with your finance or accounting team to ensure compliance with internal policies and procedures.
  
  
  
  Transaction Codes:
  
  Use transaction codes like OB52 to check and modify the posting periods for the relevant company code and fiscal year variant.
  
  
  
  System Configuration:
  
  If necessary, involve your SAP Basis or configuration team to check if there are any system settings that need to be adjusted to allow for the posting.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines how the fiscal year is structured in SAP, including the number of periods and special periods.
  Posting Periods: These are defined in the system to control when transactions can be posted. Ensure that the relevant periods are open for the transactions you are trying to process.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to down payments and fiscal year postings.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.