How To Fix UGX4021 - Fiscal year variant &1 is unknown

SAP Error Message - Details

• Message type: E = Error

• Message class: UGX4 - Message Class for Instance Creation

• Message number: 021

• Message text: Fiscal year variant &1 is unknown

What causes this issue?

In the filter for the queries used, the fiscal year variant is
restricted to the value &V1&. However, this fiscal year variant is
<ZH>not</> known in the local system in which the instance documents are
generated.

System Response

The system <ZH>cannot</> automatically derive the values for the time
variables.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Process the fiscal year variant in the local system.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UGX4021 - Fiscal year variant &1 is unknown ?

  The SAP error message UGX4021 indicates that the fiscal year variant specified in the system is not recognized or does not exist. This error typically occurs in the context of financial transactions, reporting, or when trying to access financial data that requires a valid fiscal year variant.
  Cause:
  
  Incorrect Configuration: The fiscal year variant may not be configured correctly in the system.
  Missing Variant: The fiscal year variant specified in the transaction or report does not exist in the system.
  Authorization Issues: The user may not have the necessary authorizations to access the fiscal year variant.
  Data Entry Error: There may be a typographical error in the fiscal year variant code entered in the transaction.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Fiscal Year Change.
  Verify that the fiscal year variant in question is correctly defined and configured.
  
  
  
  Verify the Variant:
  
  Use transaction code OB29 to check the list of fiscal year variants.
  Ensure that the fiscal year variant you are trying to use is listed and correctly set up.
  
  
  
  Correct Data Entry:
  
  Double-check the fiscal year variant code entered in the transaction for any typographical errors.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the fiscal year variant. This can be checked with the help of your SAP security team.
  
  
  
  Consult Documentation:
  
  If the fiscal year variant is supposed to be part of a specific configuration or project, consult the relevant documentation or project team to ensure it has been set up correctly.
  
  
  
  Related Information:
  
  Fiscal Year Variants: These are used in SAP to define how the fiscal year is structured (e.g., number of periods, special periods).
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB29 (to maintain fiscal year variants) and OB37 (to assign fiscal year variants to company codes).
  SAP Notes: Check SAP Notes for any known issues or patches related to fiscal year variants and error UGX4021.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP's official documentation for further assistance.