How To Fix AU088 - Company code & does not have half-periods

SAP Error Message - Details

• Message type: E = Error

• Message class: AU - FI-AA utility program error messages

• Message number: 088

• Message text: Company code & does not have half-periods

What causes this issue?

You are working with a function that requires a company code that
works with half months/half periods. However, company code &V1& is
not defined in this way.

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?

Check your entries. Possibly you need to make this setting for the
company code in Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU088 - Company code & does not have half-periods ?

  The SAP error message AU088 indicates that the specified company code does not have half-periods defined in the system. This error typically arises in the context of Asset Accounting (FI-AA) when trying to perform transactions that require half-year or half-period calculations, such as depreciation postings or asset transfers.
  Cause:
  
  Missing Half-Periods Configuration: The company code in question has not been configured to allow for half-periods in the Asset Accounting settings.
  Incorrect Period Settings: The fiscal year variant assigned to the company code may not support half-periods, or the settings for the fiscal year variant may not be correctly defined.
  
  Solution:
  To resolve the AU088 error, you need to ensure that the company code is properly configured to handle half-periods. Here are the steps to do this:
  
  
  Check Fiscal Year Variant:
  
  Go to the transaction code OB29 (Define Fiscal Year Variants).
  Identify the fiscal year variant assigned to the company code.
  Ensure that the fiscal year variant is set up to allow for half-periods.
  
  
  
  Configure Half-Periods:
  
  If the fiscal year variant does not support half-periods, you may need to create a new fiscal year variant that does.
  In the same transaction (OB29), you can create or modify a fiscal year variant to include half-periods.
  
  
  
  Assign Fiscal Year Variant to Company Code:
  
  Go to transaction code OBY6 (Assign Company Code to a Fiscal Year Variant).
  Ensure that the correct fiscal year variant (with half-periods) is assigned to the company code.
  
  
  
  Check Asset Accounting Settings:
  
  Go to transaction code OAYZ (Define Asset Classes).
  Ensure that the asset classes used in the company code are configured correctly to handle half-periods.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, try to perform the transaction again that previously resulted in the AU088 error.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP Help documentation for Asset Accounting to understand the implications of half-periods and how they affect asset transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OAYZ: Define Asset Classes
  OB29: Define Fiscal Year Variants
  OBY6: Assign Company Code to a Fiscal Year Variant
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error.
  
  By following these steps, you should be able to resolve the AU088 error and ensure that your company code is properly configured for asset accounting transactions involving half-periods.