How To Fix AB034 - The company codes have different fiscal years

SAP Error Message - Details

• Message type: E = Error

• Message class: AB -

• Message number: 034

• Message text: The company codes have different fiscal years

What causes this issue?

You restricted selection to several company codes. The fiscal year does
not end on the same day for these company codes. The program cannot
process such company codes in one run.

How to fix this error?

Only include company codes that have the same type of fiscal year in
one program run.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AB034 - The company codes have different fiscal years ?

  The SAP error message AB034 indicates that there is a mismatch in the fiscal year settings between different company codes. This typically occurs when you are trying to perform a transaction that involves multiple company codes, such as asset transactions, and the fiscal year variants for those company codes do not align.
  Cause:
  
  Different Fiscal Year Variants: Each company code in SAP can have its own fiscal year variant. If one company code is set to a fiscal year that does not match the fiscal year of another company code, this error will occur.
  Configuration Issues: The fiscal year settings may not have been configured correctly during the setup of the company codes.
  Transaction Involvement: The error often arises when trying to post transactions that involve assets or financial postings across company codes with differing fiscal year settings.
  
  Solution:
  
  
  Check Fiscal Year Variants:
  
  Go to the transaction code OB29 to view the fiscal year variants.
  Ensure that the fiscal year variant assigned to each company code is the same or compatible.
  
  
  
  Adjust Company Code Settings:
  
  If necessary, you can change the fiscal year variant for one of the company codes to match the other. This can be done in the configuration settings under SPRO > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Define Fiscal Year Variants.
  
  
  
  Review Transaction:
  
  If the transaction is not supposed to involve multiple company codes, ensure that you are only selecting the relevant company code.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team to ensure that the fiscal year settings are appropriate for your business processes.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Fiscal Year Variants: These define how the fiscal year is structured (e.g., whether it is a calendar year, a non-calendar year, etc.).
  Company Code Configuration: Each company code can have its own settings for fiscal year, currency, and other financial parameters.
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error.
  
  By ensuring that the fiscal year settings are consistent across the company codes involved in the transaction, you should be able to resolve the AB034 error.