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SAP How to solve Version is not defined for fiscal year

Facing the issue GP626 Version is not defined for fiscal year, probably while trying to create a Purchase Order in SAP ?

SAP How to solve Version is not defined for fiscal year : Error during Purchase Order creation
Error during Purchase Order creation

As explained in the Performance Assistant error description, solution is to maintain the fiscal year dependent version.

SAP How to solve Version is not defined for fiscal year : Error description in Performance Assistant
Error description in Performance Assistant

In order to do so, either use the link provided in the description, go directly to transaction OKEV, or, in SPRO, open Controlling > General Controlling > Organization > Maintain versions

SAP How to solve Version is not defined for fiscal year : OKEV entry in SPRO, Maintain versions transaction
OKEV entry in SPRO, Maintain versions transaction

Here, the starting point might be (depending on how you opened the transaction) to give the Controlling Area.

SAP How to solve Version is not defined for fiscal year : Controlling area selection
Controlling area selection

Then, select the version that has to be maintained – in current example, version 0

SAP How to solve Version is not defined for fiscal year : Version selection
Version selection

Double click on Settings for Each Fiscal Year – and, from there, on New Entries

SAP How to solve Version is not defined for fiscal year : Settings access and new entries button
Settings access and new entries button

Enter the Fiscal Year needed, 2017 here, and save

SAP How to solve Version is not defined for fiscal year : Fiscal year entry for new setting
Fiscal year entry for new setting

A customizing request will be necessary to proceed

SAP How to solve Version is not defined for fiscal year : Customizing request selection
Customizing request selection

And that’s it, data should be saved – the Purchase Order creation can proceed

SAP How to solve Version is not defined for fiscal year : Version definition for fiscal year saved
Version definition for fiscal year saved