How To Fix FAGL_REORGANIZATION055 - Period of the balance could not be determined for object &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_REORGANIZATION - Reorganization

• Message number: 055

• Message text: Period of the balance could not be determined for object &1

What causes this issue?

For object &V1&, the period could <ZH>not</> be determined for company
code &V2& and ledger &V3& for the date &V4&.

System Response

The balance <ZH>cannot</> be saved.

How to fix this error?

Try again later.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_REORGANIZATION055 - Period of the balance could not be determined for object &1 ?

  The SAP error message FAGL_REORGANIZATION055 indicates that the system is unable to determine the period of the balance for a specific object (usually a general ledger account) during a reorganization process. This error typically occurs in the context of financial closing activities or when running reports that require period-specific data.
  
  Cause:
  
  Missing or Incorrect Period Data: The period for the balance might not be defined in the system for the specified object. This can happen if the fiscal year variant is not properly configured or if the object has not been posted to in the relevant period.
  Data Inconsistencies: There may be inconsistencies in the data, such as missing entries or incorrect postings that prevent the system from determining the balance period.
  
  Configuration Issues: The configuration settings for the ledger or the fiscal year variant may not align with the data being processed.
  
  
  Solution:
  
  Check Period Settings: Verify that the fiscal year variant is correctly set