How To Fix FAGL_SLL_CLOCO002 - Specify the first posting date of the fiscal year for the switch

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_SLL_CLOCO - Closing Cockpit Template for Switching Leading Ledger

• Message number: 002

• Message text: Specify the first posting date of the fiscal year for the switch

What causes this issue?

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

System Response

How to fix this error?

Assign the task list for switching the leading ledger to a specific
switch date.

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_SLL_CLOCO002 - Specify the first posting date of the fiscal year for the switch ?

  The SAP error message FAGL_SLL_CLOCO002 indicates that the system requires the specification of the first posting date of the fiscal year for a particular switch. This error typically arises in the context of financial closing operations or when configuring the New General Ledger (G/L) accounting.
  Cause:
  The error occurs when:
  
  The system is trying to execute a financial operation that requires the first posting date of the fiscal year to be defined, but it has not been set.
  The configuration for the New G/L is incomplete or incorrect, particularly regarding the fiscal year settings.
  
  Solution:
  To resolve this error, you need to specify the first posting date of the fiscal year in the system. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L Account -> Prepare G/L Account Creation -> Define G/L Account Groups.
  
  
  
  Define the First Posting Date:
  
  Look for the option to define the fiscal year variant or the first posting date.
  Ensure that the first posting date is set correctly for the fiscal year you are working with.
  
  
  
  Check the Fiscal Year Variant:
  
  Ensure that the fiscal year variant assigned to your company code is correctly configured.
  You can check this under: SPRO -> Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Fiscal Year -> Define Fiscal Year Variants.
  
  
  
  Review the Switch Settings:
  
  If you are using a specific switch (like the New G/L), ensure that all necessary settings related to that switch are correctly configured.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, try to execute the transaction or process that previously resulted in the error to confirm that it has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 (to maintain posting periods) or OB29 (to define fiscal year variants) to check or modify settings.
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring fiscal year settings and understanding the implications of the New G/L.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By ensuring that the first posting date is correctly specified and that all related configurations are in place, you should be able to resolve the FAGL_SLL_CLOCO002 error.