How To Fix GI172 - FY variant & not defined (Ld &, CoID &)

SAP Error Message - Details

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 172

• Message text: FY variant & not defined (Ld &, CoID &)

What causes this issue?

The system could not determine a posting period with this posting date,
since the fiscal year variant of the ledger is not defined.

System Response

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

How to fix this error?

Check the posting period definition (T009A/T009B) or the entries
for your ledger /T881).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI172 - FY variant & not defined (Ld &, CoID &) ?

  The SAP error message GI172 typically indicates that there is an issue with the fiscal year variant not being defined for a specific company code in the system. This error can occur during various financial transactions, such as posting documents or running reports, where the system requires a fiscal year variant to determine the fiscal periods.
  Cause:
  
  Fiscal Year Variant Not Defined: The fiscal year variant for the specified company code is not set up in the system.
  Incorrect Configuration: The fiscal year variant may not be assigned correctly to the company code in the configuration settings.
  Missing Master Data: The necessary master data for the company code or fiscal year variant may be incomplete or missing.
  
  Solution:
  To resolve the GI172 error, follow these steps:
  
  
  Check Fiscal Year Variant Assignment:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (Customizing) ? Financial Accounting ? Financial Accounting Global Settings ? Fiscal Year ? Define Fiscal Year Variants.
  Ensure that the fiscal year variant is defined and that it corresponds to the company code in question.
  
  
  
  Assign Fiscal Year Variant to Company Code:
  
  In the same configuration area, check if the fiscal year variant is assigned to the relevant company code.
  Navigate to Financial Accounting ? Financial Accounting Global Settings ? Company Code ? Edit, Copy, Delete, Check Company Code.
  Select the company code and verify that the correct fiscal year variant is assigned.
  
  
  
  Check for Missing Master Data:
  
  Ensure that all necessary master data related to the company code and fiscal year variant is complete.
  This includes checking the settings for the chart of accounts and any other relevant configurations.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB29 (to define fiscal year variants) and OBY6 (to assign fiscal year variants to company codes) for quick access to the relevant configuration settings.
  Documentation: Refer to SAP Help documentation for detailed guidance on fiscal year variants and their configuration.
  Support: If the issue persists after checking the configurations, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  By following these steps, you should be able to resolve the GI172 error and ensure that the fiscal year variant is correctly defined and assigned for the specified company code.