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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICORE202 - Fiscal year variant & is not defined ?

  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 is defined. If not, create a new fiscal year variant as needed.
  
  
  
  Assign Fiscal Year Variant to Company Code:
  
  In the same configuration area, navigate to Assign Fiscal Year Variant to Company Code.
  Ensure that the fiscal year variant is assigned to the relevant company code.
  
  
  
  Check Configuration:
  
  Review the configuration settings to ensure that they are correct and complete.
  Make sure that the fiscal year variant is compatible with the company's accounting practices.
  
  
  
  Review Transaction Data:
  
  If the error occurs during a specific transaction, review the data entered to ensure that it is correct and complete.
  
  
  
  Transport Issues:
  
  If the issue arose after a transport, check the transport logs to ensure that all necessary objects were transported correctly.
  
  
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like OB29 (Define Fiscal Year Variant) and OB37 (Assign Fiscal Year Variant to Company Code) to access the relevant configuration settings directly.
  Documentation: Refer to SAP Help documentation for detailed guidance on fiscal year variants and their configuration.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  By following these steps, you should be able to resolve the FICORE202 error and ensure that your fiscal year variant is properly configured in SAP.