How To Fix FZ344 - In fiscal year variant & no period is allocated for &

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 344

• Message text: In fiscal year variant & no period is allocated for &

What causes this issue?

Fiscal year variant &V1& defined for the company code is not maintained
completely.

System Response

Payments for the affected company codes cannot be created.

How to fix this error?

<ZH>Procedure for the system administrator</>
Allocate a posting period to date &V2& for fiscal year variant &V1&.
<DS:TRAN.OB29>Proceed</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ344 - In fiscal year variant & no period is allocated for & ?

  The SAP error message FZ344 indicates that there is an issue with the fiscal year variant configuration in the system. Specifically, it means that there is no period allocated for a particular transaction or posting in the specified fiscal year variant. This can occur in various financial transactions, such as posting invoices or making journal entries.
  Cause:
  
  Fiscal Year Variant Configuration: The fiscal year variant may not have been set up correctly, or the periods for the fiscal year variant may not be defined.
  Period Locking: The period in which you are trying to post may be closed or locked, preventing any transactions from being recorded in that period.
  Incorrect Posting Date: The posting date of the transaction may fall outside the defined periods of the fiscal year variant.
  Missing Periods: The fiscal year variant may not have all the necessary periods defined for the fiscal year.
  
  Solution:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the transaction code OB29 to check the fiscal year variant settings.
  Ensure that the periods are correctly defined for the fiscal year variant you are using.
  
  
  
  Open the Required Period:
  
  If the period is closed, you can open it by going to transaction code OB52. Here, you can adjust the period status to allow postings.
  
  
  
  Verify Posting Date:
  
  Ensure that the posting date of the transaction falls within the open periods of the fiscal year variant.
  
  
  
  Adjust Periods:
  
  If necessary, you can add or modify periods in the fiscal year variant configuration to ensure that all required periods are available for posting.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP administrator for specific configurations related to your organization’s fiscal year setup.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB29: Define Fiscal Year Variant
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to fiscal year variants and posting periods.
  User Roles: Ensure that you have the necessary authorizations to make changes to the fiscal year variant and posting periods.
  
  By following these steps, you should be able to resolve the FZ344 error and successfully post your transactions. If the issue persists, it may be beneficial to consult with your SAP support team for further assistance.