SAP Message /MAP/M602 - Influencing factor &1: fiscal year variant is initial

Diagnosis
The system has tried to create an instance of influencing factor &V1&.
This influencing factor has the periodicity "posting period". In thiscase, you must enter the relevant fiscal year variant in Customizing.

System Response
Processing is cancelled.

Procedure
Enter the fiscal year variant in the Customizing settings forinfluencing factor &V1&.