How To Fix FM_FAGL_REORG003 - Fiscal year variant is not determined for ledger &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FM_FAGL_REORG - Reorganization: Funds Management

• Message number: 003

• Message text: Fiscal year variant is not determined for ledger &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 ledger &V1& for company code &V2&.
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 ledger &V1& and company code &V2&.

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

INCLUDE NA_PSM_CUSTOMIZ OBJECT DOKU ID TX

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 FM_FAGL_REORG003 - Fiscal year variant is not determined for ledger &1 ?

  The SAP error message FM_FAGL_REORG003 indicates that the fiscal year variant is not determined for a specific ledger. This error typically arises in the context of financial accounting and can occur during processes such as data reorganization or when trying to post transactions.
  
  Cause:
  The primary cause of this error is that the system cannot find a fiscal year variant associated with the specified ledger. This can happen due to several reasons:
  
  Missing Configuration: The fiscal year variant has not been defined for the ledger in question.
  Incorrect Ledger Assignment: The ledger may not be correctly assigned to the company code or the fiscal year variant.
  Data Inconsistencies: There may be inconsistencies in the configuration settings or data entries related to the ledger and fiscal year variant.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Ledger Configuration:
  
  Go to the SAP transaction code OB22 (or navigate through the menu: SPRO > Financial Accounting > General Ledger