How To Fix FAGL_REORGANIZATION704 - Transaction &1 can only be performed in period &2

FAGL_REORGANIZATION704 - Overview

• Message type: E = Error

• Message class: FAGL_REORGANIZATION - Reorganization

• Message number: 704

• Message text: Transaction &1 can only be performed in period &2

What causes this issue?

With the period lock selected,
<DS:GLOS.3526B665AFAB52B9E10000009B38F974>business transaction</> &V1&
is currently locked for period &V2&.
During the reorganization in period &V2&, however, postings to
Controlling can be executed with business transaction &V1& (technical
name: &V3&).

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?

During the reorganization, you can unlock business transaction &V1& in
transaction <LS>Change Period Lock</> (<AB>OKP1</>) for specified period
&V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FAGL_REORGANIZATION704 - Details

• The SAP error message FAGL_REORGANIZATION704 indicates that a specific transaction (denoted by &1) cannot be executed in the specified period (denoted by &2). This error typically arises in the context of financial accounting and is related to the closing periods in the fiscal year.
  
  Cause:
  
  Period Status: The error usually occurs when the period you are trying to post to is closed or not open for posting. In SAP, each fiscal period can be opened or closed for transactions, and if the period is closed, no further postings can be made.
  Transaction Type: The specific transaction you are trying to execute may have restrictions based on the period status.
  Configuration Settings: The configuration settings in the financial accounting module may restrict certain transactions from being executed in closed periods.
  
  
  Solution:
  
  
  Check Period Status:
  
  Go to the transaction code OB52 (Change Posting Periods) to check the status of the posting periods. Ensure that the period you are trying