How To Fix FML_PRICE_MANAGER014 - Error in settings of Fiscal Year Variant &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FML_PRICE_MANAGER - Price Manager related Messages

• Message number: 014

• Message text: Error in settings of Fiscal Year Variant &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FML_PRICE_MANAGER014 - Error in settings of Fiscal Year Variant &1 ?

  The SAP error message FML_PRICE_MANAGER014 indicates that there is an issue with the settings of the fiscal year variant specified in the system. This error typically arises in the context of financial or controlling processes, particularly when dealing with pricing or valuation in SAP.
  Cause:
  The error can be caused by several factors, including:
  
  
  Incorrect Fiscal Year Variant Configuration: The fiscal year variant may not be properly configured in the system. This could include issues such as missing periods, incorrect year settings, or misalignment with the company code.
  
  
  Mismatch Between Company Code and Fiscal Year Variant: The fiscal year variant assigned to a company code may not match the expected settings for the financial processes being executed.
  
  
  Inconsistent Settings Across Modules: If different modules (like FI, CO, or MM) have inconsistent fiscal year settings, it can lead to errors when trying to execute transactions that rely on these settings.
  
  
  Missing or Incorrectly Defined Periods: If the fiscal year variant does not have the necessary periods defined (e.g., for month-end closing), it can lead to this error.
  
  
  Solution:
  To resolve the FML_PRICE_MANAGER014 error, you can follow these steps:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the transaction code OB29 to review the fiscal year variant settings.
  Ensure that the periods are correctly defined and that the fiscal year variant is set up according to your organization's requirements.
  
  
  
  Verify Company Code Assignment:
  
  Use transaction code OB37 to check the assignment of the fiscal year variant to the relevant company code.
  Ensure that the correct fiscal year variant is assigned to the company code you are working with.
  
  
  
  Consistency Across Modules:
  
  Ensure that all relevant modules (FI, CO, MM) are using the same fiscal year variant settings. Check the configuration in each module to ensure consistency.
  
  
  
  Check for Missing Periods:
  
  Ensure that all necessary periods for the fiscal year are defined in the fiscal year variant. If any periods are missing, add them as needed.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance related to your organization's configuration.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB29: Define Fiscal Year Variants
  OB37: Assign Fiscal Year Variant to Company Code
  OBY6: Check and maintain settings for fiscal year variants.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  SAP Community: Engage with the SAP Community forums for additional insights and solutions from other users who may have encountered similar issues.
  
  
  By following these steps, you should be able to identify and resolve the issue causing the FML_PRICE_MANAGER014 error in your SAP system.