How To Fix ACEPS107 - In company code &1, target fiscal year &2 is not the following year for&3

SAP Error Message - Details

• Message type: E = Error

• Message class: ACEPS - Fehlermeldungen Abgrenzungsbuchungen

• Message number: 107

• Message text: In company code &1, target fiscal year &2 is not the following year for&3

What causes this issue?

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

System Response

How to fix this error?

INCLUDE ACE_CHECK_CUST_TACE001 OBJECT DOKU ID TX

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 ACEPS107 - In company code &1, target fiscal year &2 is not the following year for&3 ?

  The SAP error message ACEPS107 indicates that there is an issue with the fiscal year settings in the system. Specifically, it suggests that the target fiscal year specified is not the next fiscal year following the current fiscal year for the specified company code. This error typically arises during processes such as year-end closing or when trying to post transactions that involve fiscal year transitions.
  Cause:
  
  Incorrect Fiscal Year Setting: The fiscal year you are trying to use is not set up correctly in the system. For example, if the current fiscal year is 2023, the system expects the target fiscal year to be 2024.
  Configuration Issues: There may be a misconfiguration in the financial settings of the company code, leading to discrepancies in fiscal year definitions.
  Posting Periods: The posting periods for the target fiscal year may not be open or configured correctly, preventing transactions from being posted.
  
  Solution:
  
  Check Current Fiscal Year: Verify the current fiscal year in the system and ensure that the target fiscal year you are trying to use is indeed the next year.
  Review Company Code Settings: Go to the configuration settings for the company code in transaction code OB29 (for fiscal year variant) and ensure that the fiscal year variant is correctly defined and that the target fiscal year is set up.
  Open Posting Periods: Ensure that the posting periods for the target fiscal year are open. You can check this in transaction code OB52 (for maintaining posting periods).
  Adjust Transactions: If you are trying to post a transaction, ensure that it is being posted to the correct fiscal year. If necessary, adjust the transaction date to fall within the correct fiscal year.
  Consult Documentation: If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  Related Information:
  
  Transaction Codes: 
  
  OB29: Configure fiscal year variant.
  OB52: Maintain posting periods.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Authorization: Ensure that you have the necessary authorizations to make changes to fiscal year settings and posting periods.
  
  By following these steps, you should be able to resolve the ACEPS107 error and proceed with your financial transactions in SAP.