How To Fix 1G492 - &1: Period to be newly settled

1G492 - Overview

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 492

• Message text: &1: Period to be newly settled

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1G492 - &1: Period to be newly settled ?

  The SAP error message 1G492 &1: Period to be newly settled typically occurs in the context of settlement processes in SAP, particularly when dealing with internal orders, projects, or cost centers. This error indicates that the system is trying to settle costs for a period that is not open for settlement or is not valid for the current settlement run.
  
  Cause:
  
  Closed Period: The period you are trying to settle may be closed in the financial accounting settings, meaning no further postings can be made for that period.
  Incorrect Settlement Period: The period specified for settlement may not match the periods defined in the controlling area or may not be valid for the specific object being settled.
  
  Configuration Issues: There may be configuration settings in the controlling area or the settlement profile that restrict the settlement to certain periods.
  Missing Authorizations: The user may not have the necessary authorizations to perform settlements for the specified