How To Fix AC276 - Fiscal year variant & not allowed

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 276

• Message text: Fiscal year variant & not allowed

What causes this issue?

Fiscal year variant &V1&, which was entered, does not exist.

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 create the fiscal year version, or enter a different one.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC276 - Fiscal year variant & not allowed ?

  The SAP error message AC276, which states "Fiscal year variant & not allowed," typically occurs in the context of Asset Accounting (FI-AA) when there is a mismatch between the fiscal year variant assigned to an asset and the fiscal year variant defined in the company code or the controlling area.
  Cause:
  
  Mismatch of Fiscal Year Variants: The asset is assigned a fiscal year variant that does not match the fiscal year variant of the company code or controlling area.
  Incorrect Configuration: The fiscal year variant for the asset may not be properly configured in the system.
  Asset Master Data Issues: The asset master data may have been incorrectly set up, leading to the assignment of an incompatible fiscal year variant.
  
  Solution:
  
  
  Check Fiscal Year Variant Assignment:
  
  Go to the Asset Master Data (Transaction code: AS03) and check the fiscal year variant assigned to the asset.
  Compare it with the fiscal year variant assigned to the company code (Transaction code: OAVC) or controlling area (Transaction code: OKKP).
  
  
  
  Adjust Asset Master Data:
  
  If the fiscal year variant is incorrect, you can change it in the asset master record. Use Transaction code: AS02 to modify the asset and assign the correct fiscal year variant.
  
  
  
  Review Company Code Settings:
  
  Ensure that the fiscal year variant assigned to the company code is correct and matches the intended fiscal year variant for the assets.
  
  
  
  Consult Configuration:
  
  If you have access to the configuration settings, check the settings for fiscal year variants in the Asset Accounting module (Transaction code: OAVC) to ensure they are set up correctly.
  
  
  
  Check for Transport Issues:
  
  If the issue arose after a transport, ensure that all relevant configuration settings were transported correctly.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines how the fiscal year is structured (e.g., number of periods, special periods).
  Asset Accounting (FI-AA): This module manages fixed assets and their financial transactions.
  Transaction Codes:
  
  AS03: Display Asset Master Data
  AS02: Change Asset Master Data
  OAVC: Define Fiscal Year Variants
  OKKP: Define Controlling Area
  
  
  
  Additional Tips:
  
  Always ensure that any changes made to the asset master data or company code settings are in line with your organization's accounting policies.
  If you are unsure about making changes, consult with your SAP FI/CO consultant or system administrator for guidance.