Version problem while creating PO using CO

Hi All,
I am not able to create a PO. The following is the error
"Version 0 not defined for fiscal year 2007"
The follow on trial of resolutions is as follows:
Message "GF626", Execute function, Control area 1000, General version definition, ACTIVATION OF INDICATOR NOT PERMITTED Message KT 253.
Please help me with a step by step resolution
Regards,
Kumar

SPRO --- Logistics --- PS --- Costs --- create CO Version
In this check whether u have done the "setting for each fiscal year" for ur version

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Message was edited by:
Avinash Tripathi
null

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