How To Fix FI_E406 - Hierarchy variant &1 is the new year-independent hierarchy variant

FI_E406 - Overview

• Message type: E = Error

• Message class: FI_E - Message Class for FM English Developers

• Message number: 406

• Message text: Hierarchy variant &1 is the new year-independent hierarchy variant

Self-Explanatory Message

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FI_E406 - Details

• The SAP error message FI_E406 indicates that there is an issue related to the hierarchy variant in the context of financial reporting or analysis. Specifically, the message states that the hierarchy variant you are trying to use is a new year-independent hierarchy variant, which may not be compatible with the operation you are attempting to perform.
  
  Cause:
  
  Hierarchy Variant Misconfiguration: The hierarchy variant you are using may not be set up correctly for the specific reporting or analysis you are trying to execute.
  Year-Dependent vs. Year-Independent: The system is expecting a year-dependent hierarchy variant, but you are using a year-independent one. This can happen if the reporting structure requires specific year-related data that is not available in the year-independent variant.
  Data Consistency Issues: There may be inconsistencies in the data or configuration that lead to the system not recognizing the hierarchy variant as valid for the operation.
  
  
  Solution:
  
  Check Hierarchy Variant Configuration: Review the configuration of