FGV556 - Gaps in financial year variant periods &

SAP Error Message - Details

• Message type: E = Error

• Message class: FGV - Fiscal year variants

• Message number: 556

• Message text: Gaps in financial year variant periods &

What causes this issue?

The period specification has gaps. The periods must be sequentially
numbered without any gaps.

System Response

Only a correctly defined period assignment can be saved.

How to fix this error?

Define the periods with consecutive numbers.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FGV556 - Gaps in financial year variant periods & ?

  The SAP error message FGV556 indicates that there are gaps in the financial year variant periods. This typically occurs when there are inconsistencies in the configuration of the financial year variant, which can lead to issues in posting transactions or generating reports.
  Cause:
  
  Inconsistent Periods: The financial year variant may have been configured with missing periods or gaps between periods.
  Incorrect Configuration: The financial year variant settings may not align with the actual fiscal calendar of the organization.
  Posting Periods: There may be open or closed posting periods that do not match the defined periods in the financial year variant.
  Changes in Fiscal Year: If there have been recent changes to the fiscal year settings, it may lead to discrepancies.
  
  Solution:
  
  
  Check Financial Year Variant Configuration:
  
  Go to the transaction code OB29 to review the financial year variant settings.
  Ensure that all periods are defined correctly without any gaps.
  
  
  
  Adjust Posting Periods:
  
  Use transaction code OB52 to check the open and closed posting periods.
  Make sure that the posting periods align with the financial year variant periods.
  
  
  
  Review Fiscal Year Settings:
  
  If there have been changes to the fiscal year, ensure that the financial year variant reflects these changes.
  You may need to adjust the settings in transaction code OB37.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to financial year variants and periods for additional guidance.
  
  
  
  Testing:
  
  After making adjustments, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB29: Define Financial Year Variant
  OB52: Open and Close Posting Periods
  OB37: Define Fiscal Year Variant
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to financial year variants and periods.
  User Roles: Ensure that you have the necessary authorizations to make changes to financial settings in SAP.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.