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

ACEPS107 - Overview

• 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