How To Fix FCO_AVC110 - Maintain the leading financial statement version for the CO area &1.

SAP Error Message - Details

• Message type: E = Error

• Message class: FCO_AVC - Availability Control

• Message number: 110

• Message text: Maintain the leading financial statement version for the CO area &1.

What causes this issue?

When you use the budget availability control, a financial statement
version is required to decide which general ledger accounts shall be
checked.

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?

Manage your financial statement versions with the <LS>Manage Financial
Statement Versions</> app (Role: <AB>GL_ACCOUNTANT</>).

Define your financial statement versions in the Customizing activity
<DS:SIMG.SIMG_CFMENUORFBOB58>Define Financial Statement Versions</>
Maintain your controlling area in the Customizing activity
<DS:SIMG.SIMG_CFMENUORK3OKKP>Maintain Controlling Area</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FCO_AVC110 - Maintain the leading financial statement version for the CO area &1. ?

  The SAP error message FCO_AVC110 indicates that there is an issue with the configuration of the financial statement version for a controlling (CO) area in your SAP system. Specifically, it suggests that the leading financial statement version has not been maintained for the specified CO area.
  Cause:
  The error occurs when:
  
  The financial statement version has not been defined for the controlling area.
  The financial statement version is not marked as the leading version for the specified CO area.
  There may be inconsistencies in the configuration settings related to financial statement versions.
  
  Solution:
  To resolve this error, you need to maintain the leading financial statement version for the specified CO area. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: 
  SPRO -> SAP Reference IMG -> Controlling -> General Controlling -> Master Data -> Financial Statement Version -> Define Financial Statement Versions
  
  
  
  
  Define Financial Statement Version:
  
  Check if a financial statement version exists for the CO area in question.
  If it does not exist, create a new financial statement version.
  If it exists, ensure that it is correctly configured.
  
  
  
  Maintain Leading Version:
  
  In the financial statement version configuration, ensure that the version you want to use is marked as the leading version for the CO area.
  You can do this by selecting the appropriate financial statement version and ensuring it is assigned to the correct CO area.
  
  
  
  Save Changes:
  
  After making the necessary changes, save your configuration.
  
  
  
  Test the Configuration:
  
  After saving, try to execute the transaction or report that generated the error to confirm that the issue has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB58 (for financial statement versions) to directly access the relevant configuration.
  Documentation: Refer to SAP Help documentation for detailed information on financial statement versions and their configuration.
  Authorization: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation, as there may be additional underlying issues or configurations that need to be addressed.