How To Fix 1G023 - No valid period could be determined for account &2, balancing type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 023

• Message text: No valid period could be determined for account &2, balancing type &1

What causes this issue?

No current period could be determined for account &v2& and balancing
type &v1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Maintain the appropriate values in the periodicity table.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1G023 - No valid period could be determined for account &2, balancing type &1 ?

  The SAP error message 1G023 indicates that the system is unable to determine a valid period for a specific account and balancing type. This typically occurs in the context of financial transactions, particularly when dealing with account balances, postings, or reporting.
  Cause:
  The error can arise due to several reasons, including:
  
  
  Missing Master Data: The account in question may not have the necessary master data set up correctly, such as the fiscal year variant or periods defined in the system.
  
  
  Incorrect Configuration: The configuration for the account or the balancing type may not be set up properly in the system, leading to the inability to determine valid periods.
  
  
  Period Locking: The period for the transaction may be locked or closed, preventing any postings or transactions from being processed.
  
  
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code or the account may not align with the periods defined in the system.
  
  
  Data Inconsistencies: There may be inconsistencies in the data, such as missing entries in the relevant tables that define periods for the account.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Master Data: Verify that the account master data is correctly set up. Ensure that the account is assigned to the correct fiscal year variant and that the periods are defined.
  
  
  Review Configuration: Check the configuration settings for the account and the balancing type. Ensure that they are correctly defined in the system.
  
  
  Check Period Status: Look into the period status for the relevant fiscal year. If the period is closed or locked, you may need to open it for posting or adjust your transaction accordingly.
  
  
  Fiscal Year Variant: Ensure that the fiscal year variant assigned to the company code is correct and that it matches the periods defined in the system.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the error message and related configuration settings.
  
  
  Transaction Codes: Use transaction codes like OB52 (to check and change the period status) or FS00 (to check account master data) to investigate further.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (for period control), FS00 (for account master data), and FBL3N (for account balance display).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP Help documentation for financial accounting to understand the configuration and setup of accounts and periods.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.