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