How To Fix CNV_PE160 - Periods not properly defined in ccode &1, see following message

SAP Error Message - Details

• Message type: E = Error

• Message class: CNV_PE - General messages for posting engine

• Message number: 160

• Message text: Periods not properly defined in ccode &1, see following message

What causes this issue?

The following message describes the root cause of the problem.

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?

Consider the following message if the company code is relevant for your
transfer.
You can ignore the message if the company code is out of scope in your
project.
&ADDITIONAL_HINTS&
If this message is rather cryptic (for example, S:F5:210), then this is
caused by the fact that the related message class (for example, F5) is
not present in the control system.
Proceed as follows to read the complete message text:
Log onto the sender or receiver system
Call transaction <AB>SE91</> and enter the message class (for example,
F5) in the corresponding field. Navigate to the mentioned message number
(for example, 210). Alternatively you can call <AB>SE16</> for table
T100 and enter the relevant data.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CNV_PE160 - Periods not properly defined in ccode &1, see following message ?

  The SAP error message "CNV_PE160: Periods not properly defined in ccode &1" typically occurs during the data migration process, particularly when using the SAP S/4HANA Migration Cockpit or other data migration tools. This error indicates that the periods (fiscal or calendar) are not correctly defined for the specified company code (ccode &1).
  
  Cause:
  
  Missing Period Definitions: The fiscal year variant for the specified company code may not be properly defined or may be missing.
  Incorrect Configuration: The configuration settings for the fiscal year or periods may not align with the data being migrated.
  Inconsistent Data: The data being imported may reference periods that do not exist in the target system.
  Custom Fiscal Year Variants: If a custom fiscal year variant is used, it may not be set up correctly.
  
  
  Solution:
  
  
  Check Fiscal Year Variant:
  
  Go to the transaction code OB29 to check the fiscal year variant assigned to the company code.
  Ensure that the fiscal year variant is correctly