How To Fix AU151 - Fiscal year variant &1 is not maintained for &2 &3

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 151

• Message text: Fiscal year variant &1 is not maintained for &2 &3

What causes this issue?

Fiscal year &v1& is not maintained for &v2& &v3&.

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?

If a depreciation key is used that calculates the start of the validity
period starting from &v2&, this can cause the depreciation value of the
asset to be incorrect.
Check the depreciation calculated for the asset.
If the depreciation value is not the value you would expect, change
fiscal year &v1&. Maintain &v1& into the past at least as far back as
the last day of the previous year up to &v3&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AU151 - Fiscal year variant &1 is not maintained for &2 &3 ?

  The SAP error message AU151 indicates that the fiscal year variant specified in the system is not maintained for the company code or controlling area you are trying to work with. This error typically arises in the context of financial transactions, such as posting documents or running reports.
  Cause:
  
  Fiscal Year Variant Not Defined: The fiscal year variant specified in the error message is not defined for the company code or controlling area.
  Incorrect Configuration: The fiscal year variant may not be properly assigned to the company code or controlling area in the configuration settings.
  Missing Data: The fiscal year variant might not have been set up in the system for the specific period you are trying to access.
  
  Solution:
  To resolve the AU151 error, follow these steps:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Define Fiscal Year Variants.
  Ensure that the fiscal year variant you are trying to use is defined correctly.
  
  
  
  Assign Fiscal Year Variant to Company Code:
  
  In the same SPRO path, navigate to Assign Fiscal Year Variant to Company Code.
  Check if the fiscal year variant is assigned to the relevant company code. If not, assign it.
  
  
  
  Check for Controlling Area:
  
  If the error is related to a controlling area, ensure that the fiscal year variant is also assigned to the controlling area.
  Navigate to Controlling > General Controlling > Master Data > Controlling Area > Assign Fiscal Year Variant to Controlling Area.
  
  
  
  Review Posting Periods:
  
  Ensure that the posting periods are open for the fiscal year variant you are trying to use. You can check this in Financial Accounting > Period-End Closing > Open and Close Posting Periods.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, try to perform the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB29 (Define Fiscal Year Variants), OB37 (Assign Fiscal Year Variant to Company Code), and OKKP (Assign Fiscal Year Variant to Controlling Area) for quick access to the relevant configuration screens.
  Documentation: Refer to SAP Help documentation for detailed guidance on fiscal year variants and their configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the AU151 error and ensure that the fiscal year variant is correctly maintained for your company code or controlling area.