Error when creating an asset

Hi All,
My client uses an year dependent fiscal yr variant. I have maintained values for period 2008 and 2009. And generated period controls for the Yr 2009. When I try to create an asset the following error occures
SYST: Error when caclulating fiscal period --> F1
Message no. AA655
Diagnosis
An error occurred while determining the fiscal period 00000000 in period version P1.
Procedure
There are three things which could lead to this error:
1. The period version P1 allocated to the company code has not been created. In this case, you should create the period version.
2. The period version has been created, however the allocation of calendar dates to the fiscal periods has not been correctly performed or in particular with calendar-dependent period versions has not been completely performed. Check whether the date entered 00000000 for period version P1 has been maintained and enter the missing period.
3. The calendar date 00000000 is invalid. This is a system error. Contact your Systems Specialist.
Pls give me a reason and a solution to this.
Thanks & regards ,
Maleeq

Maleeg,
Please make sure that you are using only one fiscal variant.
It seems to me that your client has two dependent year fiscal variants: One for Accounting 'F1' and one for Fixed Assets P1, but you are only maintaing the accounting one F1. Check that you also have maintained the fiscal varsion P1.
I think that is your problem.
Hope this helps.
Regards,
GG

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