How To Fix IK020 - Fiscal year variant & not found

SAP Error Message - Details

• Message type: E = Error

• Message class: IK - Messages for Maintenance and Display of Costs in PM Order

• Message number: 020

• Message text: Fiscal year variant & not found

What causes this issue?

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

System Response

How to fix this error?

INCLUDE NA_SYS OBJECT DOKU ID TX LANGUAGE E

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IK020 - Fiscal year variant & not found ?

  The SAP error message "IK020 Fiscal year variant & not found" typically occurs in the context of asset accounting or financial transactions where the system is unable to find the specified fiscal year variant. This can happen for various reasons, and here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Configuration: The fiscal year variant may not be defined in the system or may not be assigned to the company code or controlling area.
  Incorrect Input: The fiscal year variant may have been incorrectly entered in the transaction or configuration settings.
  Authorization Issues: The user may not have the necessary authorizations to access the fiscal year variant.
  Data Consistency Issues: There may be inconsistencies in the master data or configuration that prevent the system from recognizing the fiscal year variant.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings > Fiscal Year > Define Fiscal Year Variants.
  Ensure that the fiscal year variant in question is defined and correctly configured.
  
  
  
  Assign Fiscal Year Variant:
  
  Ensure that the fiscal year variant is assigned to the relevant company code or controlling area.
  This can be done in the same SPRO path under Assign Fiscal Year Variant to Company Code.
  
  
  
  Verify Input:
  
  Double-check the input in the transaction where the error occurred to ensure that the fiscal year variant is correctly specified.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the fiscal year variant. This can be checked with the help of your SAP security team.
  
  
  
  Review Master Data:
  
  Check the master data for any inconsistencies that might be causing the issue. This includes asset master records and any related financial data.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or support for further troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OAVC (for fiscal year variant configuration) or OX15 (to check company code settings) to navigate directly to the relevant configuration areas.
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to fiscal year variants.
  Support: If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP support team for assistance.
  
  By following these steps, you should be able to identify and resolve the issue related to the "IK020 Fiscal year variant & not found" error message in SAP.