How To Fix FC202 - Fiscal year variant & is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 202

• Message text: Fiscal year variant & is not defined

What causes this issue?

You have specified a fiscal year variant that is not defined for the
company code in question. This means that you cannot yet maintain any
posting periods.

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?

Define the fiscal year variants specified for the company code from the
Accounting Configuration menu under the menu path <LS>Environment ->
Fiscal year -> Fiscal year variant</>.
Alternatively, you can allocate the company code to an already-defined
fiscal year variant via the following menu sequence in the Accounting
Configuration menu: <LS>Environment -> Company code -> Global
parameters</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC202 - Fiscal year variant & is not defined ?

  The SAP error message FC202, which states "Fiscal year variant & is not defined," typically occurs when the system cannot find the specified fiscal year variant in the configuration. This can happen in various scenarios, such as during the posting of financial documents or when running reports that require fiscal year information.
  Cause:
  
  Missing Configuration: The fiscal year variant has not been defined in the system.
  Incorrect Assignment: The fiscal year variant is not correctly assigned to the company code or the controlling area.
  Typographical Error: There may be a typo in the fiscal year variant code being used in the transaction.
  Transport Issues: If the configuration was transported from another system, it may not have been properly imported.
  
  Solution:
  
  
  Define the Fiscal Year Variant:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO ? Financial Accounting ? Financial Accounting Global Settings ? Fiscal Year Change ? Define Fiscal Year Variant.
  Check if the fiscal year variant exists. If not, create a new one.
  
  
  
  Assign the Fiscal Year Variant:
  
  Ensure that the fiscal year variant is assigned to the relevant company code.
  Navigate to SPRO ? Financial Accounting ? Financial Accounting Global Settings ? Assign Fiscal Year Variant to Company Code.
  Assign the fiscal year variant to the appropriate company code.
  
  
  
  Check for Typos:
  
  Verify that the fiscal year variant code used in the transaction is correct and matches the defined codes in the system.
  
  
  
  Transport Issues:
  
  If the fiscal year variant was supposed to be transported from another system, check the transport logs to ensure it was successfully imported.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team for any specific configurations related to your organization.
  
  
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like OB29 (Define Fiscal Year Variant) and OB37 (Assign Fiscal Year Variant to Company Code) to access the relevant configuration screens directly.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to the FC202 error.
  User Roles: Ensure that you have the necessary authorizations to view and modify the fiscal year variant settings.
  
  By following these steps, you should be able to resolve the FC202 error and ensure that the fiscal year variant is properly defined and assigned in your SAP system.