How To Fix AC274 - Transferred fiscal year variant & is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 274

• Message text: Transferred fiscal year variant & is not defined

What causes this issue?

Fiscal year variant &V1& was transferred to the function module.
However, this fiscal year variant is not defined. This is a system
error.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Please inform your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC274 - Transferred fiscal year variant & is not defined ?

  The SAP error message AC274 indicates that there is an issue with the fiscal year variant that has been assigned to a particular asset or transaction. Specifically, the error states that the transferred fiscal year variant is not defined in the system. This can occur in various scenarios, such as during asset postings, transfers, or when running reports.
  Cause:
  
  Missing Fiscal Year Variant: The fiscal year variant that is being referenced in the transaction is not defined in the system.
  Incorrect Configuration: The configuration for the fiscal year variant may not be set up correctly in the Asset Accounting (FI-AA) module.
  Data Migration Issues: If data has been migrated from another system, the fiscal year variant may not have been transferred correctly.
  Transaction Settings: The transaction or asset may be using a fiscal year variant that is not applicable or has not been assigned properly.
  
  Solution:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Master Data > Fiscal Year Variant.
  Ensure that the fiscal year variant in question is defined and configured correctly.
  
  
  
  Assign Fiscal Year Variant:
  
  Ensure that the fiscal year variant is assigned to the company code and the relevant asset classes.
  You can check this in the same SPRO path under Financial Accounting (New) > Asset Accounting > Master Data > Assign Fiscal Year Variant to Company Code.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data to ensure that the correct fiscal year variant is assigned to the asset.
  You can do this by using transaction code AS03 (Display Asset) and reviewing the asset details.
  
  
  
  Check Transaction Settings:
  
  If the error occurs during a specific transaction, review the settings and parameters used in that transaction to ensure they are correct.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or support for further troubleshooting steps.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  OAVC: Define Fiscal Year Variant
  OAYD: Assign Fiscal Year Variant to Company Code
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  Testing: After making changes, perform a test transaction to ensure that the error has been resolved.
  
  
  By following these steps, you should be able to identify and resolve the issue related to the AC274 error message in SAP.