How To Fix AC278 - Fiscal year & has already been created.

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 278

• Message text: Fiscal year & has already been created.

What causes this issue?

Only new fiscal years can be created.

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?

Enter a fiscal year that has not alrady been created.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC278 - Fiscal year & has already been created. ?

  The SAP error message AC278 indicates that a fiscal year has already been created for the specified company code and controlling area. This error typically occurs when you attempt to create a new fiscal year in the system, but the fiscal year you are trying to create already exists.
  Cause:
  
  Fiscal Year Already Exists: The most common cause of this error is that the fiscal year you are trying to create has already been set up in the system.
  Incorrect Configuration: There may be a misconfiguration in the settings related to fiscal year variants or periods.
  Multiple Attempts: The user may have attempted to create the fiscal year multiple times, leading to this error.
  
  Solution:
  
  
  Check Existing Fiscal Years: 
  
  Go to the transaction code OB52 (Maintain Fiscal Year Variants) and check if the fiscal year you are trying to create already exists.
  Verify the fiscal year settings for the relevant company code and controlling area.
  
  
  
  Use Existing Fiscal Year: 
  
  If the fiscal year already exists, you do not need to create it again. Instead, you can proceed with your transactions using the existing fiscal year.
  
  
  
  Adjust Fiscal Year Settings: 
  
  If you need to make changes to the fiscal year settings, ensure that you have the necessary authorizations and follow the correct procedures to modify the fiscal year variant.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or consult with your SAP administrator for specific steps related to your organization's configuration.
  
  
  
  Check for Locks: 
  
  Ensure that there are no locks or restrictions on the fiscal year that might prevent you from making changes.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB52: Maintain Fiscal Year Variants
  OB29: Define Fiscal Year Variant
  OB37: Assign Company Code to Fiscal Year Variant
  
  
  
  SAP Notes: 
  
  Check SAP Notes for any known issues or additional guidance related to fiscal year management.
  
  
  
  User Roles: 
  
  Ensure that you have the appropriate user roles and permissions to create or modify fiscal years in the system.
  
  
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP's official support channels for further assistance.