How To Fix AC585 - Fiscal year variant &2 is not different in company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 585

• Message text: Fiscal year variant &2 is not different in company code &1

What causes this issue?

Fiscal year variant &V2& that is entered in company code &V1& is not
different from the fiscal year variant defined in the General Ledger
(&V3&).

System Response

When you leave the transaction, the system does not save a separate
fiscal year variant in Asset Accounting.

How to fix this error?

You only need to enter a fiscal year variant in this transation if the
fiscal year variant used in Asset Accounting is different from the
fiscal year variant used in the FI General Ledger.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC585 - Fiscal year variant &2 is not different in company code &1 ?

  The SAP error message AC585 indicates that there is an issue with the fiscal year variant configuration for a specific company code. This error typically arises when the fiscal year variant assigned to a company code is not different from the fiscal year variant assigned to another company code, which can lead to inconsistencies in financial reporting and asset accounting.
  Cause:
  
  Duplicate Fiscal Year Variants: The company code is assigned a fiscal year variant that is identical to another company code's fiscal year variant.
  Configuration Error: There may be a misconfiguration in the assignment of fiscal year variants to company codes in the system.
  Incorrect Settings: The fiscal year variant settings may not have been properly defined or differentiated for the company codes involved.
  
  Solution:
  
  
  Check Fiscal Year Variant Assignment:
  
  Go to the SAP transaction code OB29 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Maintain Fiscal Year Variants).
  Verify the fiscal year variants assigned to the company codes in question. Ensure that they are indeed different.
  
  
  
  Create or Modify Fiscal Year Variants:
  
  If the fiscal year variants are the same and should be different, you may need to create a new fiscal year variant or modify the existing one.
  Ensure that the fiscal year variant settings (like the number of posting periods, special periods, etc.) are correctly defined.
  
  
  
  Reassign Fiscal Year Variants:
  
  If necessary, reassign the correct fiscal year variant to the company code that is causing the error.
  Make sure that the fiscal year variant is unique to each company code as required by your business processes.
  
  
  
  Check for Dependencies:
  
  Ensure that there are no dependencies or references in other configurations that might be causing this issue.
  
  
  
  Testing:
  
  After making changes, perform a test to ensure that the error no longer occurs and that financial transactions can be processed correctly.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB29: Maintain Fiscal Year Variants
  OBC4: Assign Company Code to Fiscal Year Variant
  
  
  Documentation: Refer to SAP Help documentation for detailed information on fiscal year variants and their configuration.
  Support: If the issue persists after checking the configurations, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the AC585 error and ensure that your fiscal year variant configurations are set up correctly for your company codes.