How To Fix RSR_PE031 - Fiscal year variants or time characteristics are not set up correctly

RSR_PE031 - Overview

• Message type: E = Error

• Message class: RSR_PE - TREX Planning Engine

• Message number: 031

• Message text: Fiscal year variants or time characteristics are not set up correctly

What causes this issue?

You are using planning together with HANA. Your time characteristics are
not set up correctly in the system.

System Response

The system reacts very severely with an x message<(>,<)> since a clean
system is a required for in-memory handling.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

There can be various root causes.
1) Check the activated content of all time dimensions. Please follow SAP
Notes 2194279 and 2194279. Also check if the M views tables of the
InfoObjects in question have been generated correctly.
2) The fiscal periods are not set up correctly in the system for the
time interval specified in transaction RSRHIERARCHYVIRT. Please follow
SAP Note 2054183.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RSR_PE031 - Fiscal year variants or time characteristics are not set up correctly ?

  The SAP error message RSR_PE031 indicates that there is an issue with the fiscal year variants or time characteristics in your SAP system. This error typically arises in the context of reporting or data extraction processes, particularly in SAP BW (Business Warehouse) or SAP BI (Business Intelligence).
  
  Cause:
  
  Fiscal Year Variant Not Defined: The fiscal year variant for the company code or controlling area may not be defined correctly in the system.
  Time Characteristics Not Set Up: The time characteristics (like fiscal year, period, etc.) may not be properly configured in the InfoObject or the data model.
  Inconsistent Data: There may be inconsistencies in the data model or the underlying data that prevent the system from interpreting the fiscal year correctly.
  Missing Configuration: The configuration for the time characteristics in the InfoProvider or InfoObject may be incomplete or missing.
  
  
  Solution:
  
  
  Check Fiscal Year Variant:
  
  Go to the transaction code OB29 to check the fiscal year variants defined in