How To Fix ACE_S4006 - Fiscal year variant is not assigned to leading ledger in company code &1.

ACE_S4006 - Overview

• Message type: E = Error

• Message class: ACE_S4 - Messages for S/4HANA Accrual Engine

• Message number: 006

• Message text: Fiscal year variant is not assigned to leading ledger in company code &1.

What causes this issue?

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

System Response

How to fix this error?

Go to <DS:TRAN.FINSC_LEDGER>Define Settings for Ledgers and Currency
Types </>and set the fiscal year variant for the leading ledger in
company code &V1&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

ACE_S4006 - Details

• The SAP error message ACE_S4006 indicates that the fiscal year variant has not been assigned to the leading ledger in the specified company code. This is a common issue that can arise during the configuration of financial accounting in SAP.
  
  Cause:
  The error occurs when:
  
  The fiscal year variant is not defined for the leading ledger in the company code settings.
  There may be a mismatch between the fiscal year variant and the ledger configuration.
  The company code may not have been properly set up in the system.
  
  
  Solution:
  To resolve this error, you need to assign the fiscal year variant to the leading ledger for the company code. Here are the steps to do this:
  
  
  Access the SAP GUI: Log in to your SAP system.
  
  
  Navigate to the Company Code Settings:
  
  Use transaction code OBY6 (or navigate through the menu: SPRO -> Financial Accounting -> General Ledger -> Master Data -> G/L Accounts -> Prepare G/L Account Creation ->