How To Fix FINS_FI_FYV_MAINT021 - Period &1 of the year-independent FY variant &2 ends on &3 in all years.

FINS_FI_FYV_MAINT021 - Overview

• Message type: E = Error

• Message class: FINS_FI_FYV_MAINT - Fiscal Year Variant Maintenance

• Message number: 021

• Message text: Period &1 of the year-independent FY variant &2 ends on &3 in all years.

What causes this issue?

You have chosen to use a year-independent fiscal year variant &V2&. You
have specified &V3& as the last day of period &V1&.
Because the fiscal year variant is year-independent, the last day &V3&
of the period &V1& is also used as the last day of period &V1& in leap
years.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_FI_FYV_MAINT021 - Details

• The SAP error message FINS_FI_FYV_MAINT021 indicates an issue with the fiscal year variant configuration in the Financial Accounting (FI) module. Specifically, it points out that the specified period of a year-independent fiscal year variant ends on a date that is not valid for all years.
  
  Cause:
  This error typically arises due to one of the following reasons:
  
  Incorrect Configuration: The fiscal year variant has been set up with a period that does not align correctly across all years. For example, if the fiscal year variant is defined to end on a date that is not consistent for all years, it will trigger this error.
  Year-End Closing Issues: If there are discrepancies in the year-end closing periods or if the fiscal year variant is not properly defined for all years, this error can occur.
  Changes in Fiscal Year Variant: If changes were made to the fiscal year variant after it was already in use, it could