How To Fix FGV602 - Financial year variant & is not year-dependent

FGV602 - Overview

• Message type: E = Error

• Message class: FGV - Fiscal year variants

• Message number: 602

• Message text: Financial year variant & is not year-dependent

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FGV602 - Financial year variant & is not year-dependent ?

  The SAP error message FGV602 indicates that there is an issue with the financial year variant configuration in your SAP system. Specifically, it suggests that the financial year variant you are trying to use is not set up to be year-dependent, which can lead to problems when processing financial transactions.
  
  Cause:
  
  Financial Year Variant Configuration: The financial year variant you are using is defined as not year-dependent. This means that it does not differentiate between different fiscal years, which can be problematic if your business processes require year-specific settings.
  Transaction Context: The error may occur when trying to post transactions that require a year-dependent financial year variant, such as year-end closing activities or specific reporting periods.
  Incorrect Assignment: The financial year variant may not be correctly assigned to the company code or the controlling area.
  
  
  Solution:
  
  
  Check Financial Year Variant Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global