How To Fix KT204 - Fiscal year variant & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 204

• Message text: Fiscal year variant & does not exist

What causes this issue?

Fiscal year variant &V1& is not defined.

System Response

The SAP System cannot continue processing.

How to fix this error?

Correct your entry.
Select a valid fiscal year variant.
Or, create fiscal year variant &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT204 - Fiscal year variant & does not exist ?

  The SAP error message KT204 indicates that the fiscal year variant specified in a transaction does not exist in the system. This error typically arises when trying to post transactions related to cost accounting or financial accounting, and it can be caused by several factors.
  Cause:
  
  Incorrect Fiscal Year Variant: The fiscal year variant specified in the configuration or transaction does not match any existing fiscal year variant in the system.
  Missing Configuration: The fiscal year variant may not have been defined in the system, or it may have been deleted or not properly assigned to the company code or controlling area.
  Data Entry Error: There may be a typographical error in the fiscal year variant code entered in the transaction.
  Company Code/Controlling Area Assignment: The fiscal year variant may not be assigned to the relevant company code or controlling area.
  
  Solution:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the SAP transaction code OB29 (for financial accounting) or OKKP (for controlling) to check the existing fiscal year variants.
  Ensure that the fiscal year variant you are trying to use is listed and correctly configured.
  
  
  
  Assign Fiscal Year Variant:
  
  If the fiscal year variant is missing, you may need to create it or assign it to the relevant company code or controlling area.
  Use transaction code OB37 to assign the fiscal year variant to the company code.
  
  
  
  Verify Data Entry:
  
  Double-check the fiscal year variant code entered in the transaction for any typographical errors.
  
  
  
  Consult Documentation:
  
  If you are unsure about the fiscal year variant settings, consult your SAP documentation or reach out to your SAP administrator for assistance.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to access and modify the fiscal year variant settings.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This is a configuration in SAP that defines how the fiscal year is structured, including the number of posting periods and special periods.
  Transaction Codes:
  
  OB29: Define Fiscal Year Variants
  OB37: Assign Fiscal Year Variant to Company Code
  OKKP: Controlling Area Settings
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to fiscal year variants and error KT204.
  
  By following these steps, you should be able to resolve the KT204 error and ensure that the fiscal year variant is correctly configured and assigned in your SAP system.