How To Fix WXP040 - Maintain a fiscal year variant for calendar months

SAP Error Message - Details

• Message type: E = Error

• Message class: WXP - Retail Planning

• Message number: 040

• Message text: Maintain a fiscal year variant for calendar months

What causes this issue?

You want to execute manual planning for a planning step in which
'month' has been defined as the storage periodicity.
However, there is no suitable fiscal year variant for this storage
periodicity.
A storage periodicity is required in planning for the following:
Breaking down formulas with period fields with column definitions that
are applicable for all fiscal years in a planning layout
Applying of distribution keys to column definitions that apply to all
fiscal years
Determining the first day in a period for currency conversion

System Response

You cannot enter manual planning for storage periodicity 'month'.

How to fix this error?

Maintain a suitable fiscal year variant or change the storage
periodicity for the relevant planning step in Customizing.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message WXP040 - Maintain a fiscal year variant for calendar months ?

  Certainly! Here's a detailed explanation for the SAP error message WXP040: "Maintain a fiscal year variant for calendar months":
  
  Error Message:
  WXP040 - Maintain a fiscal year variant for calendar months
  
  
  Cause:
  This warning message appears when you are working in a SAP system (typically in Financial Accounting or Controlling modules) and the system expects a fiscal year variant to be assigned or maintained for calendar months, but it is missing or not properly configured.
  
  The fiscal year variant defines how the fiscal year is structured in terms of periods (months or special periods).
  The system needs this variant to correctly interpret and process financial data according to the fiscal calendar.
  If the fiscal year variant is not assigned or maintained, the system cannot map calendar months to fiscal periods, leading to this warning.
  
  
  When does it occur?
  
  When creating or changing company codes or controlling areas.
  When posting financial documents or running reports that require fiscal period information.
  During configuration