The company code MI can no longer be initialized Message no. MM011....

[rageshmav84]

I NEED TO CHANGE THE FISCAL YEAR INTO 2022--------

NOW IN T.CODE = OMSY

WHILE TRYING TO CHANGE THE YEAR INTO 2022 ------GETTING ERROR

IN T.CODE = OB52

IN T.CODE = OBY6

IN T.CODE = MM02

[FajarKF]

Hi Ragesh

I think your step is almost finish, if you try to move the period backward in OMSY, you needed to clear or reset the transaction records on your Company Code. Here are the steps:
1. Deactivate the Material Ledger using SE38 and Execute this program SAPRCKMJX. choose the plant/valuation area that assigned to the company code 
2. If you cannot deactivate the Material Ledger, because there are active records on system. in order to clear this use OBR1 to reset all the transaction data.
3. then go to OMX1 for deactivate the material ledger by untick the Valuation Area that assigned to the company codes 
4. Remove the assignment of Company code to Plant using OX18
5. Then go to OMSY to change the period for the Company Code
6. Then assign of company code to plant again. 
7. Activate the Material Ledger using OMX1 again and run the  CKMSTART

BUT REMEMBER THE CONSEQUENCES, THIS WILL CAUSE THE DATA MISSING OR INCONSISTENCIES. 
hope this helps. 

Best Regards
Fajar Khun Faqih