How To Fix FAGL_REORG_SEG003 - Prior period of company code &1 is still open

FAGL_REORG_SEG003 - Overview

• Message type: E = Error

• Message class: FAGL_REORG_SEG -

• Message number: 003

• Message text: Prior period of company code &1 is still open

What causes this issue?

For company code &V1&, period in fiscal year is still open. However, the
reorganization is supposed to begin in the period after that.
The reassignment cannot be made until the previous period is closed.
Note:
In the case of a posting period that always needs to be open, there must
be a minimum entry (account type +) in the <LS>Financial Accounting
Global Settings</> under <LS>Open and Close Posting Periods</>. This
minimum entry was found for company code &V1& in period.

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?

Make the reassignment after the previous period has been closed.

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_REORG_SEG003 - Prior period of company code &1 is still open ?

  The SAP error message FAGL_REORG_SEG003 indicates that the prior period for a specific company code is still open, which prevents certain operations, such as data reorganization or closing of financial periods. This error typically arises during the execution of financial closing activities or when attempting to perform data archiving or reorganization tasks.
  
  Cause:
  
  Open Periods: The primary cause of this error is that the financial periods for the specified company code are still open. In SAP, each fiscal year is divided into periods, and if any of the prior periods are open, it can lead to this error.
  
  Configuration Issues: There may be configuration settings in the financial accounting module that allow periods to remain open longer than intended.
  Pending Transactions: There may be pending transactions or postings that have not been completed for the prior periods.
  
  
  Solution:
  To resolve the FAGL_REORG_SEG003 error, you can follow these steps:
  
  
  Check Open Periods:
  
  Go to the transaction code OB52 (Change