How To Fix FGV560 - Financial year variants &: Define & periods in &

SAP Error Message - Details

• Message type: E = Error

• Message class: FGV - Fiscal year variants

• Message number: 560

• Message text: Financial year variants &: Define & periods in &

What causes this issue?

The fiscal year variant has &V1& periods. Not all periods have yet been
assigned in the years &V2&.

System Response

Only a correctly defined period assignment can be saved.
&WHAT_TO_DO& Define &V1& periods in the years &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FGV560 - Financial year variants &: Define & periods in & ?

  The SAP error message FGV560 typically indicates an issue related to the financial year variant configuration in the SAP system. This error usually arises when there is a problem with the definition of the financial year variant or the periods associated with it. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Financial Year Variant: The financial year variant may not be defined in the system.
  Incorrect Configuration: The financial year variant may not be properly configured, including the periods and fiscal year settings.
  Period Definition Issues: The periods for the financial year variant may not be defined correctly or may be missing.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the financial year variant settings.
  
  Solution:
  
  
  Define Financial Year Variant:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO ? Financial Accounting (New) ? Financial Accounting Global Settings (New) ? Fiscal Year/Period ? Define Financial Year Variant.
  Check if the financial year variant is defined. If not, create a new one.
  
  
  
  Check Periods:
  
  In the same configuration area, ensure that the periods for the financial year variant are defined correctly.
  Make sure that the start and end dates for each period are set up properly.
  
  
  
  Review Configuration:
  
  Ensure that the financial year variant is assigned to the company code(s) that are generating the error.
  Check if the fiscal year settings align with the company’s accounting practices.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to access and modify financial year variants.
  If needed, consult with your SAP security team to ensure proper roles and permissions are assigned.
  
  
  
  Testing:
  
  After making changes, test the configuration by trying to execute the transaction that generated the error again.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB29 (to define financial year variants) and OB37 (to assign financial year variants to company codes).
  Documentation: Refer to SAP Help documentation for detailed steps on configuring financial year variants and periods.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or bugs related to financial year variants.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or reach out to SAP support for further assistance.