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 up and that the periods are open for posting. You can do this by navigating to the configuration settings in the SAP system.
  Review Object Data: Check the specific object (e.g., GL account) to ensure that it has valid postings for the periods in question. You can use transaction codes like FS00 (for GL account master data) to review the account settings.
  Run Balance Carryforward: If the error occurs during a balance carryforward process, ensure that the carryforward has been executed correctly for the previous fiscal year.
  Check for Data Consistency: Use transaction codes like FAGLBALN (for balance analysis) to check for any inconsistencies in the data that might be causing the issue.
  Consult SAP Notes: Look for relevant SAP Notes that may address this specific error message. SAP frequently releases notes that provide fixes or workarounds for known issues.
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FAGLBALN: Balance Analysis
  FS00: General Ledger Account Master Data
  OB52: Open and Close Posting Periods
  
  
  Documentation: Review SAP documentation related to financial closing processes and reorganization activities to understand the requirements and configurations needed.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the FAGL_REORGANIZATION055 error and implement a solution to resolve it.