How To Fix FICORE202 - Fiscal year variant & is not defined

FICORE202 - Overview

• Message type: E = Error

• Message class: FICORE - FI Message Class for General Messages

• Message number: 202

• Message text: Fiscal year variant & is not defined

What causes this issue?

You have specified a fiscal year variant (&V1&) which has not been
defined. For this reason, you cannot maintain any posting periods yet.

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?

Define the fiscal year variant specified in the company code by going
to the Accounting configuration menu and choosing <LS>Environment ->
Fiscal year -> Fiscal year variant</>.
Alternatively, you can assign an existing fiscal year variant to the
company code. Choose <LS>Environment -> Company code -> Global
parameters</> in the Accounting configuration menu.

Error message extract from SAP system. Copyright SAP SE.

FICORE202 - Details

• The SAP error message FICORE202 typically indicates that there is an issue with the fiscal year variant configuration in the system. This error occurs when the system cannot find a defined fiscal year variant for the specified company code or other relevant organizational units.
  
  Cause:
  
  Missing Fiscal Year Variant: The fiscal year variant has not been defined for the company code or the relevant organizational unit.
  Incorrect Configuration: The fiscal year variant may be incorrectly configured or not assigned to the company code.
  Data Entry Error: There may be a typo or incorrect entry in the transaction where the error is triggered.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly imported.
  
  
  Solution:
  
  
  Define Fiscal Year Variant:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO ? IMG ? Financial Accounting ? Financial Accounting Global Settings ? Fiscal Year Change ? Define Fiscal Year Variant.
  Check if the fiscal year variant