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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_FYV_MAINT021 - Period &1 of the year-independent FY variant &2 ends on &3 in all years. ?

  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 lead to inconsistencies.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the transaction code OB29 (Maintain Fiscal Year Variants).
  Review the fiscal year variant settings for the specified variant (in this case, &2).
  Ensure that the periods are correctly defined and that the end date for period &1 is valid for all years.
  
  
  
  Adjust Period End Dates:
  
  If the end date for the specified period is incorrect, adjust it to ensure it is consistent across all years.
  Make sure that the fiscal year variant is set up to accommodate the required periods without conflicts.
  
  
  
  Consistency Check:
  
  Perform a consistency check on the fiscal year variant to ensure that all periods are correctly defined and that there are no overlaps or gaps.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on fiscal year variant configuration.
  
  
  
  Testing:
  
  After making changes, test the configuration by attempting to post transactions or run reports that previously triggered the error.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB29: Maintain Fiscal Year Variants
  OB37: Assign Company Code to Fiscal Year Variant
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to fiscal year variants and this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to the fiscal year variant settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Financial Accounting.