How To Fix FINS_FI_SIF218 - &1 doesn't fit to activation year &2 for comp.code &3 / target ledger &4

FINS_FI_SIF218 - Overview

• Message type: E = Error

• Message class: FINS_FI_SIF - SAP S/4HANA Finance: Subsequent Implementation of Functions

• Message number: 218

• Message text: &1 doesn't fit to activation year &2 for comp.code &3 / target ledger &4

What causes this issue?

The current fiscal year &V1& does not correspond to the activation year
&V2& of the company code &V3& and target ledger &V4&.

System Response

How to fix this error?

Check and adjust the settings of the project in the IMG Customizing
activity
<DS:SIMG.FINSVC_SIL_PROJ>Create Project for Implementation of
Accounting Principle.</>

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.

FINS_FI_SIF218 - Details

• The SAP error message FINS_FI_SIF218 typically indicates an issue related to the activation of a ledger in the Financial Accounting (FI) module. This error occurs when there is a mismatch between the fiscal year of the company code and the target ledger being activated. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Fiscal Year Mismatch: The error suggests that the fiscal year for the specified company code does not align with the fiscal year of the target ledger. This can happen if the ledger is set up for a different fiscal year variant than the one assigned to the company code.
  Incorrect Configuration: The configuration settings for the ledger or company code may not be correctly aligned, leading to discrepancies.
  Activation Issues: The ledger may not have been properly activated for the specified fiscal year.
  
  
  Solution:
  
  
  Check Fiscal Year Variant:
  
  Go to the configuration settings for the company code and check the fiscal