Last Updated on August 6, 2022 by admin

After maintaining the fiscal year variant in SAP S/4Hana, the next step is the assignment of company code to the fiscal year variant in SAP Hana.

By assigning fiscal year variant to company code, it enables to work with company codes with the fiscal year variant to the open posting periods. So you can assign one fiscal year variant to multiple company codes.

How to Assign Fiscal Year Variant to Company Code in SAP S/4 Hana

You can assign fiscal year variant to company code in SAP S/4 Hana by using the following configuration steps

  • Transaction code: OB37
  • Menu Path: SAP Customizing Implementation Guide > Financial Accounting > Financial Accounting Global Settings > Ledgers > Ledger >Fiscal Year and Posting Periods > Assign company code to a fiscal year variant.

Assign Company Code to Fiscal Year Variant i

Step 1: Execute transaction code”OB37” in the SAP command field to assign fiscal year variant to company code in SAP Hana

SAP Transaction code OB37

Step 2: In the next screen – Assign company code -> fiscal year variant overview, click on the position button and enter the company code key “AD01“, so that company code AD01 displays on top of the list and enables easily to assign fiscal year variant key.

Assign company code - fiscal year variant overview screen

Step 3: Now update the fiscal year variant key “Q3” for the company code “AD01” and press enter, automatically description field will be updated based on the fiscal year variant name.

Assign Company Code to Fiscal Year Variant in SAP S4Hana

Click on the Save button and save the configured assignment details

Successfully we have assigned the fiscal year variant to a company code in the SAP S4 Hana system.