How To Fix KI268 - Define a fiscal year variant first for company code &

KI268 - Overview

• Message type: E = Error

• Message class: KI -

• Message number: 268

• Message text: Define a fiscal year variant first for company code &

What causes this issue?

A fiscal year variant has not been defined for company code &V1&.

System Response

A fiscal year variant is required to determine an accounting period
from the posting date.

How to fix this error?

Maintain a fiscal year variant for company code &V1& using the FI
configuration functions.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KI268 - Define a fiscal year variant first for company code & ?

  The SAP error message KI268, which states "Define a fiscal year variant first for company code &," typically occurs when you attempt to perform a transaction related to controlling (CO) without having defined a fiscal year variant for the specified company code. This is a common issue in SAP systems, particularly when setting up or configuring controlling areas.
  
  Cause:
  The error arises because the system requires a fiscal year variant to determine how the fiscal year is structured (e.g., number of periods, special periods) for financial reporting and controlling purposes. If this variant is not defined for the company code in question, the system cannot proceed with the transaction.
  
  Solution:
  To resolve this error, you need to define a fiscal year variant for the affected company code. Here are the steps to do this:
  
  
  Access the SAP Easy Access Menu:
  
  Go to the SAP Easy Access screen.
  
  
  
  Navigate to the Configuration:
  
  Use the following path: SPRO -> SAP