How To Fix FI639 - Company code &: assigned fiscal year variant does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 639

• Message text: Company code &: assigned fiscal year variant does not exist

What causes this issue?

Fiscal year variant &V3& does not exist in FM area &V2&, which is
assigned to company code &V1&.

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?

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI639 - Company code &: assigned fiscal year variant does not exist ?

  The SAP error message FI639 indicates that the specified company code is associated with a fiscal year variant that does not exist in the system. This error typically arises during financial transactions or when trying to access financial reports.
  Cause:
  
  Missing Fiscal Year Variant: The fiscal year variant assigned to the company code has not been defined in the system.
  Incorrect Configuration: The company code may be incorrectly configured, pointing to a fiscal year variant that is either misspelled or not created.
  Transport Issues: If the configuration was transported from another system, the fiscal year variant may not have been included in the transport request.
  
  Solution:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the SAP transaction code OB29 (Define Fiscal Year Variants).
  Verify if the fiscal year variant assigned to the company code exists. If it does not, you will need to create it.
  
  
  
  Assign Fiscal Year Variant to Company Code:
  
  Use transaction code OB37 (Assign Company Code to Fiscal Year Variant).
  Ensure that the correct fiscal year variant is assigned to the company code in question.
  
  
  
  Create a New Fiscal Year Variant (if necessary):
  
  If the fiscal year variant does not exist, you can create a new one using transaction code OB29.
  Define the fiscal year variant according to your organization's requirements.
  
  
  
  Check Transport Requests:
  
  If the configuration was recently transported, ensure that the fiscal year variant was included in the transport request. If not, you may need to transport it again.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team for any specific configurations or requirements related to fiscal year variants.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines how the fiscal year is structured, including the number of posting periods and special periods.
  Company Code: This is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up.
  Transaction Codes:
  
  OB29: Define Fiscal Year Variants
  OB37: Assign Company Code to Fiscal Year Variant
  
  
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to fiscal year variants and company codes.
  
  By following these steps, you should be able to resolve the FI639 error and ensure that your company code is correctly configured with a valid fiscal year variant.