How To Fix AC678 - & Area &: No entry for period for posting to the general ledger

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 678

• Message text: & Area &: No entry for period for posting to the general ledger

What causes this issue?

According to its specifications, depreciation area &v2& in company code
&v1& is supposed to post asset values and/or depreciation to the
general ledger. However, there is no entry for the period for posting
to the general ledger.

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?

Enter a period for posting to the general ledger in FI-AA Customizing
for depreciation area &v2& in company code &v1&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC678 - & Area &: No entry for period for posting to the general ledger ?

  The SAP error message AC678 typically indicates that there is no valid posting period available for the transaction you are trying to execute, particularly in the context of asset accounting. This error can occur when you attempt to post an asset transaction (like acquisition, transfer, or retirement) to a period that is either closed or not open for posting in the general ledger.
  Cause:
  
  Closed Posting Period: The posting period for the transaction date is closed in the financial accounting settings.
  Incorrect Period Settings: The period settings in the asset accounting module may not align with the general ledger settings.
  Authorization Issues: The user may not have the necessary authorizations to post in the specified period.
  Configuration Issues: There may be configuration issues in the asset accounting or general ledger settings.
  
  Solution:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 to check the open and closed posting periods for the relevant company code and fiscal year.
  Ensure that the period you are trying to post to is open.
  
  
  
  Adjust Period Settings:
  
  If the period is closed, you can either open it (if allowed) or post the transaction in an open period.
  If you need to post to a closed period for specific reasons (like adjustments), consult with your finance team to see if this is permissible.
  
  
  
  Review Asset Accounting Settings:
  
  Check the configuration in Transaction OAAQ (for asset accounting) to ensure that the periods are correctly set up and aligned with the general ledger.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary authorizations to post in the specified period. This can be checked in the user roles and profiles.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may need to be adjusted.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To manage posting periods.
  OAAQ: To configure asset accounting settings.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  Testing: After making any changes, perform a test transaction to ensure that the issue is resolved.
  
  
  If the problem persists after following these steps, it may be beneficial to engage with your SAP support team or consult with an SAP expert for further troubleshooting.