How To Fix F4557 - Create fiscal year variant & first


SAP Error Message - Details

  • Message type: E = Error

  • Message class: F4 - Line items/balances/configuration

  • Message number: 557

  • Message text: Create fiscal year variant & first

  • Show details Hide details
  • What causes this issue?

    The period assignment for fiscal year variant &V1& cannot be displayed
    or maintained yet because the defining properties of the fiscal year
    variant have not yet been saved.

    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?

    Save the data entered and then maintain the period assignment.

    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message F4557 - Create fiscal year variant & first ?
    The SAP error message F4557, which states "Create fiscal year variant & first," typically occurs when there is an issue related to the fiscal year variant configuration in the SAP system. This error is often encountered during financial operations, such as posting transactions or during the year-end closing process.
    
    Cause: Missing Fiscal Year Variant: The fiscal year variant required for the transaction or operation has not been created or is not assigned to the company code. Incorrect Configuration: The fiscal year variant may not be properly configured, or there may be inconsistencies in the settings. Company Code Assignment: The company code may not be assigned to any fiscal year variant, leading to this error when trying to perform financial transactions.
    Solution: Create a Fiscal Year Variant: Go to the SAP Easy Access screen. Navigate to SPRO (SAP Project Reference Object) > Financial Accounting (New) > Financial Accounting Global Settings (New) > Fiscal Year Change > Define Fiscal Year

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Related SAP Error Messages

Click the links below to see the following related messages:
  • F4556 Data contains gaps
    What causes this issue? The specification of periods is not fully completed. The periods must be numbered consecutively and no gaps should be left.Sy...

  • F4555 Data is not in ascending order
    What causes this issue? The posting periods are not in ascending order.System Response The system issues an error message and will not allow you to ...

  • F4558 Define all periods from 001 to &
    What causes this issue? The fiscal year variant has &V1& posting periods.System Response The system issues an error message and will not all...

  • F4559 Define & periods in year &
    What causes this issue? &V1& periods are defined for the year &V2& but they have not yet been allocated.System Response Only a corre...

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