How To Fix F4597 - No fiscal year variant has been allocated to company code &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 597

• Message text: No fiscal year variant has been allocated to company code &

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

What causes this issue?

There is no fiscal year variant allocated to company code &V1&.

System Response

Error message

How to fix this error?

Please check your entry.
Allocate a fiscal year variant to company code &V1&, if you have the
proper authorization.

<DS:SIMG.SIMG_CFMENUORFBOB37>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F4597 - No fiscal year variant has been allocated to company code & ?

  The SAP error message F4597 indicates that there is no fiscal year variant assigned to the specified company code. This is a common issue that can arise when setting up a new company code or when there are changes in the configuration.
  Cause:
  The error occurs because the system requires a fiscal year variant to determine how financial periods are structured for the company code. If a fiscal year variant is not assigned, the system cannot process financial transactions for that company code.
  Solution:
  To resolve this error, you need to assign a fiscal year variant to the company code. Here are the steps to do this:
  
  
  Access the Configuration Menu:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) or use transaction code SPRO.
  
  
  
  Follow the Path:
  
  In the SAP Reference IMG, follow the path:
  Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Company Code -> Define Fiscal Year Variant
  
  
  
  
  Assign Fiscal Year Variant:
  
  Select the company code for which you want to assign the fiscal year variant.
  In the configuration screen, you will see an option to assign a fiscal year variant.
  Choose the appropriate fiscal year variant from the list (e.g., K4 for calendar year, K1 for non-calendar year, etc.).
  Save your changes.
  
  
  
  Check for Other Configurations:
  
  Ensure that the fiscal year variant is correctly defined and that it matches the requirements of your organization.
  Verify that the company code is properly set up and activated.
  
  
  
  Test the Configuration:
  
  After making the changes, try to perform the transaction that previously resulted in the error to confirm that the issue has been resolved.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines how the fiscal year is structured, including the number of posting periods and special periods.
  Transaction Codes: You can use transaction codes like OB29 to define fiscal year variants and OBY6 to assign them to company codes.
  Documentation: Refer to SAP Help documentation for detailed information on fiscal year variants and their configuration.
  
  If the issue persists after following these steps, it may be necessary to check for additional configuration issues or consult with your SAP support team for further assistance.