How To Fix VD348 - Date & cannot be checked (missing fiscal year variant)

SAP Error Message - Details

• Message type: E = Error

• Message class: VD - Date conversion

• Message number: 348

• Message text: Date & cannot be checked (missing fiscal year variant)

What causes this issue?

You have not maintained a fiscal year variant in the material master
record.

System Response

You must first assign the necessary fiscal year variants to the
material in the material master record in order to work with fiscal
year variant periodicity.

How to fix this error?

Enter the required fiscal year variants in the material master record
If necessary, check whether the called application supports this period
indicator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VD348 - Date & cannot be checked (missing fiscal year variant) ?

  The SAP error message VD348, which states "Date & cannot be checked (missing fiscal year variant)," typically occurs in the context of sales and distribution (SD) or financial transactions when the system is unable to validate a date due to the absence of a fiscal year variant.
  Cause:
  
  Missing Fiscal Year Variant: The fiscal year variant is not defined for the company code or the relevant organizational unit. This means that the system does not know how to interpret the dates in relation to the fiscal periods.
  Incorrect Date Format: The date being processed may not be in the expected format or may fall outside the defined fiscal periods.
  Configuration Issues: There may be issues in the configuration settings related to the fiscal year variant or the date settings in the system.
  
  Solution:
  
  
  Define Fiscal Year Variant:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Fiscal Year > Define Fiscal Year Variant.
  Ensure that a fiscal year variant is defined for the relevant company code.
  
  
  
  Assign Fiscal Year Variant:
  
  After defining the fiscal year variant, ensure it is assigned to the company code.
  This can be done in the same SPRO path under Assign Fiscal Year Variant to Company Code.
  
  
  
  Check Date Validity:
  
  Verify that the date being processed is valid and falls within the defined fiscal periods. You can check this in the transaction where the error occurs.
  
  
  
  Review Configuration:
  
  Ensure that all related configurations are correctly set up, including the fiscal year settings in the controlling area if applicable.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB29 (for fiscal year variant) and OBY6 (for company code assignment) to access the relevant settings.
  Documentation: Refer to SAP Help documentation for detailed steps on fiscal year variant configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation, as there may be additional underlying issues affecting the fiscal year variant settings.