How To Fix KE506 - Maintain Fiscal Year Variant $

KE506 - Overview

• Message type: E = Error

• Message class: KE -

• Message number: 506

• Message text: Maintain Fiscal Year Variant $

What causes this issue?

The period of time for which fiscal year variant &V1& was maintained is
insufficient.

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?

Maintain fiscal year variant &V1& for year &V3& as well.
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Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KE506 - Maintain Fiscal Year Variant $ ?

  The SAP error message KE506, which states "Maintain Fiscal Year Variant," typically occurs in the context of controlling (CO) module transactions when the system cannot find a valid fiscal year variant for the specified company code or controlling area. This can happen during various activities, such as posting costs or running reports.
  
  Cause:
  
  Missing Fiscal Year Variant: The fiscal year variant has not been defined for the controlling area or company code.
  Incorrect Configuration: The fiscal year variant may not be correctly assigned to the controlling area or company code.
  Data Inconsistency: There may be inconsistencies in the configuration settings or data entries related to the fiscal year variant.
  
  
  Solution:
  To resolve the KE506 error, follow these steps:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Reference IMG) ? Financial Accounting (New) ? Financial Accounting Global Settings (New) ? Fiscal Year ? Maintain Fiscal Year Variants.
  Ensure that the fiscal year variant