How To Fix FM_FAGL_REORG002 - Fiscal year variant is not determined for company code &1

FM_FAGL_REORG002 - Overview

• Message type: E = Error

• Message class: FM_FAGL_REORG - Reorganization: Funds Management

• Message number: 002

• Message text: Fiscal year variant is not determined for company code &1

What causes this issue?

You want to change the account assignment for certain documents. This
would mean that values in the general ledger would have to be
transferred.
For the transfer posting, the system tried to determine the transfer
posting period of company code &V1&. The fiscal year variant of ledger
could not be determined.

System Response

The documents could not be reassigned.

How to fix this error?

Check the Customizing settings for company code &V1&.
INCLUDE NA_PSM_CUSTOMIZ OBJECT DOKU ID TX

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 FM_FAGL_REORG002 - Fiscal year variant is not determined for company code &1 ?

  The SAP error message FM_FAGL_REORG002 indicates that the fiscal year variant has not been determined for a specific company code. This error typically arises during financial operations, such as posting or executing reports, where the system requires a fiscal year variant to process the data correctly.
  
  Cause:
  
  Missing Configuration: The fiscal year variant has not been assigned to the company code in the system configuration.
  Incorrect Settings: The fiscal year variant may be incorrectly set up or not linked to the relevant company code.
  Data Migration Issues: If data has been migrated from another system, the fiscal year variant may not have been properly transferred or configured.
  
  
  Solution:
  To resolve the error, follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting (New) > Financial Accounting Global Settings (New) > Assign Company Code to Fiscal Year Variant.
  Ensure that the fiscal year variant is assigned to