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

1G023 - Overview

• 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