How To Fix F4554 - Data is incomplete (12/31 is missing)

SAP Error Message - Details

• Message type: E = Error

• Message class: F4 - Line items/balances/configuration

• Message number: 554

• Message text: Data is incomplete (12/31 is missing)

What causes this issue?

To define a fiscal year variant fully, you must make entries for each
day of the calendar year. This means that it must be possible to
determine the corresponding posting period for each calendar day.
This also includes an entry for the last days of the year. This entry
is missing here.

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?

Specify a posting period for the last days of the year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F4554 - Data is incomplete (12/31 is missing) ?

  The SAP error message F4554, which states "Data is incomplete (12/31 is missing)," typically occurs in the context of financial transactions or reporting, particularly when dealing with year-end closing processes or financial statements. This error indicates that certain required data for the fiscal year-end is missing, specifically the closing balance or data for the last day of the fiscal year (December 31).
  Cause:
  
  Missing Year-End Data: The most common cause is that the financial data for December 31 is not available or has not been entered into the system.
  Incomplete Posting: Transactions that should have been posted by the end of the fiscal year may not have been completed.
  Configuration Issues: There may be issues with the configuration of the financial modules, such as missing settings for fiscal year-end processing.
  Data Migration Issues: If data was migrated from another system, some year-end data may not have been transferred correctly.
  
  Solution:
  
  Check Data Entry: Verify that all necessary financial transactions for the year-end have been entered and posted correctly. Ensure that all relevant accounts have been updated with the closing balances.
  Review Year-End Closing Procedures: Ensure that all steps in the year-end closing process have been followed. This includes running necessary reports and ensuring that all accounts are reconciled.
  Run Financial Reports: Use SAP financial reports to identify any missing data or discrepancies. Reports such as the balance sheet or trial balance can help pinpoint where the missing data might be.
  Configuration Review: Check the configuration settings in the SAP system related to fiscal year-end processing. Ensure that all necessary parameters are set correctly.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling year-end closing processes and resolving related errors.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), and FBL5N (Customer Line Item Display) to review account balances.
  Fiscal Year Variant: Understand the fiscal year variant settings in your SAP system, as these can affect how year-end data is processed.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches that address known issues.
  
  By following these steps, you should be able to identify and resolve the cause of the F4554 error in your SAP system.