How To Fix CNV_20000120 - Fiscal year variant &1 selected for fixed assets

SAP Error Message - Details

• Message type: E = Error

• Message class: CNV_20000 - Messages for fiscal year change

• Message number: 120

• Message text: Fiscal year variant &1 selected for fixed assets

What causes this issue?

If a separate fiscal year variant has been specified for FI-AA, this
variant will also be adapted after successful completion of the
conversion.
It is not possible to select this variant directly because it is
assigned to a company code and selection is possible only via this
company code.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CNV_20000120 - Fiscal year variant &1 selected for fixed assets ?

  The SAP error message CNV_20000120 typically occurs during the migration or conversion process when dealing with fixed assets. This error indicates that the fiscal year variant selected for fixed assets is not compatible or is not set up correctly in the system.
  Cause:
  
  Incorrect Fiscal Year Variant: The fiscal year variant specified for the fixed assets may not be defined in the system or may not match the requirements of the migration process.
  Configuration Issues: The fiscal year variant may not be properly configured in the Asset Accounting (FI-AA) module.
  Data Migration Issues: If you are using a migration tool or program, the fiscal year variant may not be correctly mapped or may not exist in the target system.
  
  Solution:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the SAP transaction code OB29 to check the fiscal year variants.
  Ensure that the fiscal year variant you are trying to use is defined and correctly configured for the company code in question.
  
  
  
  Assign Fiscal Year Variant:
  
  Ensure that the fiscal year variant is assigned to the relevant company code in the Asset Accounting settings.
  You can do this in the transaction code OAYZ (or through the IMG path: Financial Accounting (New) > Asset Accounting > Master Data > Define Fiscal Year Variants).
  
  
  
  Review Migration Settings:
  
  If you are using a migration tool, review the settings to ensure that the fiscal year variant is correctly specified and that it matches the configuration in the target system.
  
  
  
  Consult Documentation:
  
  Review any documentation related to the migration process to ensure that all prerequisites are met and that the fiscal year variant is compatible with the data being migrated.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test run of the migration process to ensure that the error does not occur again.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB29: Define Fiscal Year Variants
  OAYZ: Assign Fiscal Year Variant to Company Code
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Review SAP Help documentation for Asset Accounting and migration processes for further insights.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation.