How To Fix MSG_FINCS_MD_MAINT157 - Fiscal period &2 of year &1 does not exist in fiscal year variant &3.

MSG_FINCS_MD_MAINT157 - Overview

• Message type: E = Error

• Message class: MSG_FINCS_MD_MAINT - Message Class for Additional Master Data Maintenance

• Message number: 157

• Message text: Fiscal period &2 of year &1 does not exist in fiscal year variant &3.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MSG_FINCS_MD_MAINT157 - Fiscal period &2 of year &1 does not exist in fiscal year variant &3. ?

  The SAP error message MSG_FINCS_MD_MAINT157 indicates that there is an issue with the fiscal period configuration in the system. Specifically, it means that the fiscal period you are trying to access or use does not exist for the specified fiscal year and fiscal year variant.
  
  Cause:
  
  Non-existent Fiscal Period: The fiscal period you are trying to reference (period &2) does not exist in the fiscal year variant (variant &3) for the specified year (year &1).
  Incorrect Configuration: The fiscal year variant may not be properly configured to include the specified fiscal period.
  Data Entry Error: There may be a mistake in the data entry where the fiscal year, period, or variant is incorrectly specified.
  
  
  Solution:
  
  
  Check Fiscal Year Variant Configuration:
  
  Go to the transaction code OB29 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Maintain Fiscal Year Variants).
  Verify that the fiscal year variant &3 includes the fiscal