FGV005 - No fiscal year variant specified

SAP Error Message - Details

• Message type: E = Error

• Message class: FGV - Fiscal year variants

• Message number: 005

• Message text: No fiscal year variant specified

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FGV005 - No fiscal year variant specified ?

  The SAP error message FGV005: No fiscal year variant specified typically occurs when the system is unable to determine the fiscal year variant for a particular company code or when the configuration is incomplete. This error can arise in various financial transactions, such as posting documents or running reports.
  Cause:
  
  Missing Configuration: The fiscal year variant has not been defined for the company code in the system.
  Incorrect Assignment: The fiscal year variant may not be correctly assigned to the company code.
  Transaction Context: The transaction being executed may not have the necessary fiscal year variant information available.
  
  Solution:
  To resolve the FGV005 error, follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Reference IMG) ? Financial Accounting (New) ? Financial Accounting Global Settings ? Fiscal Year Change ? Define Fiscal Year Variant.
  Ensure that a fiscal year variant is defined.
  
  
  
  Assign Fiscal Year Variant to Company Code:
  
  In the same configuration path, check if the fiscal year variant is assigned to the relevant company code.
  Navigate to Financial Accounting (New) ? Financial Accounting Global Settings ? Company Code ? Edit, Copy, Delete, Check Company Code.
  Select the company code in question and verify that the fiscal year variant is correctly assigned.
  
  
  
  Check Transaction Settings:
  
  If the error occurs during a specific transaction, ensure that the transaction is set up to use the correct fiscal year variant.
  Review any user-specific settings or parameters that might affect the fiscal year variant.
  
  
  
  Consult Documentation:
  
  If you are unsure about the fiscal year variant settings, refer to SAP documentation or consult with your SAP administrator for guidance.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines how the fiscal year is structured (e.g., number of periods, special periods).
  Company Code: This is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAVC (for fiscal year variant) and OX15 (for company code settings).
  
  If the issue persists after following these steps, it may be necessary to consult with your SAP support team or refer to SAP Notes for any known issues related to this error message.