How To Fix FAGL_MIG122 - Special period &1 &2 is still open for company code &3, account type &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_MIG - Migration to New General Ledger Accounting

• Message number: 122

• Message text: Special period &1 &2 is still open for company code &3, account type &4

What causes this issue?

Not all special periods in the fiscal year preceding the migration date
are closed.

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?

When you create the worklist of open items to be migrated, ensure that
no more items are cleared in the old fiscal year or that clearing
postings from the old fiscal year are reset. For this reason, close the
special periods for the fiscal years preceding the migration date by
using the generic account type '+'.
INCLUDE CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_MIG122 - Special period &1 &2 is still open for company code &3, account type &4 ?

  The SAP error message FAGL_MIG122 indicates that a special period is still open for a specific company code and account type, which is preventing certain financial operations, such as migration or closing activities, from being completed. This error typically arises during the migration process to the new General Ledger (G/L) or during the closing of financial periods.
  Cause:
  The error occurs when:
  
  Open Special Periods: There are open special periods in the specified company code for the given account type. Special periods are used for adjustments and closing activities that occur outside of the regular fiscal periods.
  Configuration Issues: The system configuration may not be set up correctly to handle the special periods.
  Pending Transactions: There may be pending transactions or postings that need to be completed or reversed in the special periods.
  
  Solution:
  To resolve the FAGL_MIG122 error, you can take the following steps:
  
  
  Check Open Special Periods:
  
  Go to the transaction code OB52 (Change View "Periods" Overview).
  Check the settings for the relevant company code and ensure that the special periods are closed if they are not needed.
  
  
  
  Close Special Periods:
  
  If the special periods are not required, you can close them by adjusting the period settings in OB52. Make sure to set the special periods to "closed" for the relevant account types.
  
  
  
  Review Pending Transactions:
  
  Check for any pending transactions in the special periods that may need to be posted or reversed. Use transaction codes like FB03 (Display Document) or FBL3N (G/L Account Line Items) to review the postings.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about closing special periods or if there are necessary transactions that need to be processed, consult with your finance team to ensure that all necessary adjustments are made.
  
  
  
  Run Migration Again:
  
  After ensuring that the special periods are closed and there are no pending transactions, attempt to run the migration process again.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB52: Change View "Periods" Overview
  FB03: Display Document
  FBL3N: G/L Account Line Items
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or patches related to this error.
  Documentation: Review SAP documentation on special periods and migration processes to ensure compliance with best practices.
  
  By following these steps, you should be able to resolve the FAGL_MIG122 error and proceed with your financial operations.