How To Fix WXP561 - No fiscal year variant entered in planning step &1

SAP Error Message - Details

• Message type: E = Error

• Message class: WXP - Retail Planning

• Message number: 561

• Message text: No fiscal year variant entered in planning step &1

What causes this issue?

You have used a <DS:DE.SPBUP>posting period</> as the periodicity for
planning step &V1&. A posting period can be clearly defined by entering
the relevant <DS:DE.PERIV>fiscal year variant</>. You did not, however,
do this when creating your planning step.
Assignments to info cube fields and planning scenario fields can only
be created when the posting period is used as your time field type when
the period has been specified completely, including a fiscal year
variant. This therefore means that all assignments to the relevant
planning scenario fields are deleted when the fiscal year variant is
changed at a later date or when data is refreshed.

System Response

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

How to fix this error?

To prevent unnecessary work, SAP recommends that all fiscal year
variants be specified before assigning planning scenario fields to info
cube fields.
You can define a fiscal year variant when defining your basic settings
at the planning step level.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message WXP561 - No fiscal year variant entered in planning step &1 ?

  Certainly! Here's a detailed explanation for the SAP error message:
  
  SAP Error Message:
  WXP561 No fiscal year variant entered in planning step &1
  
  
  Cause:
  This warning message occurs during the planning process in SAP (typically in Financial Planning or Budgeting transactions) when the system expects a fiscal year variant to be specified for a particular planning step, but none has been entered.
  
  Fiscal Year Variant: It defines the fiscal year structure (number of posting periods, special periods, start and end dates) for a company code.
  Planning Step: In SAP planning (e.g., in FM or CO planning), a planning step represents a stage or version of the plan.
  The system requires a fiscal year variant to correctly interpret the periods and dates for the planning step.
  If the fiscal year variant is missing or not maintained for the planning step, the system cannot proceed properly and issues this warning.
  
  
  When does it occur?
  
  During budget or financial planning steps in FM