How To Fix FINS_ACDOC_UTIL029 - Fiscal year variant not unique in company code &1 (&2/&3)

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_UTIL - Messages for package FINS_ACDOC_UTIL

• Message number: 029

• Message text: Fiscal year variant not unique in company code &1 (&2/&3)

What causes this issue?

The current process requires a unique fiscal year variant for all
ledgers in the company.
For the ledgers in company &V1&, fiscal year variants &V2& and &V3& are
relevant.

System Response

The processing is stopped.

How to fix this error?

Ensure a unique fiscal year variant by specifying a ledger group
accordingly.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_UTIL029 - Fiscal year variant not unique in company code &1 (&2/&3) ?

  The SAP error message FINS_ACDOC_UTIL029 indicates that there is a problem with the fiscal year variant configuration in the specified company code. This error typically arises when there are multiple fiscal year variants assigned to the same company code, which is not allowed in SAP.
  Cause:
  
  Duplicate Fiscal Year Variants: The company code has been assigned more than one fiscal year variant, leading to ambiguity in financial postings.
  Configuration Errors: Incorrect configuration in the financial accounting settings, where fiscal year variants are not properly defined or assigned.
  Data Migration Issues: If data has been migrated from another system, it may have resulted in duplicate entries for fiscal year variants.
  
  Solution:
  To resolve this error, follow these steps:
  
  
  Check Fiscal Year Variant Assignment:
  
  Go to the SAP transaction code OB37 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Maintain Fiscal Year Variants).
  Verify the fiscal year variants assigned to the company code in question. Ensure that only one fiscal year variant is assigned.
  
  
  
  Remove Duplicates:
  
  If you find multiple fiscal year variants assigned to the same company code, remove the duplicates. Ensure that only the correct fiscal year variant is assigned.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the company code in OBY6 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Company Code > Define Company Code).
  Ensure that the fiscal year variant is correctly set up and that there are no inconsistencies.
  
  
  
  Data Consistency Check:
  
  If the issue arose after a data migration, perform a consistency check on the data to ensure that there are no lingering issues from the migration process.
  
  
  
  Testing:
  
  After making the necessary changes, test the system by attempting to post a transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines the structure of the fiscal year, 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: Familiarize yourself with relevant transaction codes such as OB37 (Maintain Fiscal Year Variants) and OBY6 (Define Company Code) for configuration tasks.
  
  If the problem persists after following these steps, it may be necessary to consult with your SAP Basis or functional team for further investigation, as there may be underlying issues that require deeper analysis.