How To Fix FI674 - Fiscal year variant in FM area & must not be changed

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 674

• Message text: Fiscal year variant in FM area & must not be changed

What causes this issue?

You must not change the fiscal year variant in Cash Budget Management
or Funds Management for FM area &V1& if actual data already exists for
FM area &V1&, or if one or more of the company codes assigned to FM
area &V1& is active.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI674 - Fiscal year variant in FM area & must not be changed ?

  The SAP error message FI674 ("Fiscal year variant in FM area & must not be changed") typically occurs in the context of Funds Management (FM) when there is an attempt to change the fiscal year variant for a specific Funds Management area that is not allowed. This error is often encountered during configuration changes or when trying to post transactions that involve fiscal year settings.
  Cause:
  
  Inconsistent Configuration: The fiscal year variant for the Funds Management area has been set and is not allowed to be changed after certain transactions or postings have been made.
  Locked Configuration: The fiscal year variant may be locked due to existing data or transactions that reference it.
  Incorrect Settings: The system may be configured in a way that does not allow changes to the fiscal year variant for the specified FM area.
  
  Solution:
  
  
  Review Configuration: Check the configuration settings for the Funds Management area in transaction code SPRO. Navigate to:
  
  Public Sector Management > Funds Management > Master Data > Define Fiscal Year Variant.
  Ensure that the fiscal year variant is correctly assigned and that no changes are necessary.
  
  
  
  Check for Existing Transactions: If there are existing transactions that reference the fiscal year variant, you may need to complete or reverse those transactions before making any changes.
  
  
  Consult Documentation: Review SAP documentation or notes related to the specific error message for any additional guidance or updates.
  
  
  Use a Different FM Area: If changing the fiscal year variant is necessary, consider creating a new Funds Management area with the desired fiscal year variant instead of changing the existing one.
  
  
  Contact SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support for assistance. They may provide insights based on the specific configuration and version of your SAP system.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO for configuration, FMAVCR01 for checking budget consumption, and FMBB for budget adjustments.
  SAP Notes: Search for SAP Notes related to FI674 for any patches or updates that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to address the FI674 error and ensure that your Funds Management area is configured correctly.