How To Fix FAGL_LEDGER_CUST502 - No entries permitted in the "Posting Period Variant" field

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_LEDGER_CUST - New General Ledger: Customizing

• Message number: 502

• Message text: No entries permitted in the "Posting Period Variant" field

What causes this issue?

The <LS>Manage Posting Period Variant for Company Code/Ledger</> field
is activated for the company code in the global company code parameters.
However, the selected ledger is a day ledger. You <ZH>cannot </>specify
a different posting period variant for a day ledger. The system always
uses the variant of the representative ledger.
For this reason, it is <ZH>not </>possible in this special case to
specify posting periods that differ from those specified for the
representative ledger. No entry can be made in the <LS>Posting Period
Variant</> field.

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?

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 FAGL_LEDGER_CUST502 - No entries permitted in the "Posting Period Variant" field ?

  The SAP error message FAGL_LEDGER_CUST502, which states "No entries permitted in the 'Posting Period Variant' field," typically occurs when you are trying to post a transaction in the General Ledger (G/L) and the system does not allow entries in the specified posting period variant. This can happen for several reasons, and here are the potential causes, solutions, and related information:
  Causes:
  
  Incorrect Configuration: The posting period variant may not be properly configured for the company code or the specific ledger you are trying to use.
  Posting Periods Closed: The posting period you are trying to use may be closed, preventing any new entries from being made.
  Authorization Issues: The user may not have the necessary authorizations to post in the specified period.
  Incorrect Ledger Assignment: The ledger you are trying to post to may not be assigned to the correct posting period variant.
  
  Solutions:
  
  
  Check Posting Period Variant Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: OB29) and verify that the posting period variant is correctly assigned to the company code and that it allows postings for the period you are trying to use.
  
  
  
  Open Posting Periods:
  
  Check the posting periods for the relevant company code (Transaction Code: OB52). Ensure that the period you are trying to post to is open. If it is closed, you may need to open it for posting.
  
  
  
  Review User Authorizations:
  
  Ensure that the user has the necessary authorizations to post in the specified period. This can be checked in the user roles and profiles.
  
  
  
  Verify Ledger Assignment:
  
  Check if the ledger you are using is correctly assigned to the posting period variant. This can be done in the configuration settings for ledgers.
  
  
  
  Use the Correct Posting Period Variant:
  
  If you are using a specific posting period variant, ensure that it is the correct one for the transaction you are trying to perform.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB29: Configuration for Posting Period Variants.
  OB52: Open and Close Posting Periods.
  FBL3N: Display G/L Account Line Items (to check if the account is blocked).
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on posting periods and variants.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  By following these steps, you should be able to identify the cause of the FAGL_LEDGER_CUST502 error and implement the appropriate solution. If the issue persists, consider reaching out to your SAP support team for further assistance.