How To Fix FI117 - Fiscal year variant not maintained in FM area &

FI117 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 117

• Message text: Fiscal year variant not maintained in FM area &

What causes this issue?

No fiscal year variant has been maintained for Funds Management in FM
area &V1&.

System Response

Function is not carried out.

How to fix this error?

Define a fiscal year variant in the Funds Management implementation
guide and assign it to your FM area.

Error message extract from SAP system. Copyright SAP SE.

FI117 - Details

• The SAP error message FI117, which states "Fiscal year variant not maintained in FM area," typically occurs in the context of Funds Management (FM) in SAP. This error indicates that the fiscal year variant has not been defined for the specified Funds Management area, which is necessary for processing financial transactions.
  
  Cause:
  
  Missing Configuration: The fiscal year variant has not been assigned to the Funds Management area in the system.
  Incorrect Settings: The configuration settings for the fiscal year variant may be incorrect or incomplete.
  FM Area Not Defined: The FM area itself may not be properly defined or may not have the necessary settings.
  
  
  Solution:
  To resolve the FI117 error, follow these steps:
  
  
  Check FM Area Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to Funds Management > Master Data > FM Area > Define FM Area.
  Ensure that the FM area in question is correctly defined.
  
  
  
  Assign Fiscal Year Variant:
  
  Navigate to Financial Accounting > Financial Accounting Global Settings