How To Fix FARR_RAI221 - Error in customizing for posting periods for company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 221

• Message text: Error in customizing for posting periods for company code &1

What causes this issue?

The system cannot save your settings for company code &v1& and
accounting principle &v2& because it cannot check the transfer date
against the posting periods due to incomplete or inconsistent company
code customizing.

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?

Check the settings for the posting periods in the
<DS:TRAN.SPRO>Implementation Guide (IMG)</>.

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 FARR_RAI221 - Error in customizing for posting periods for company code &1 ?

  The SAP error message FARR_RAI221 indicates that there is an issue with the customization settings for posting periods in the specified company code. This error typically arises when the system is unable to find valid posting periods for the specified company code, which can prevent transactions from being processed correctly.
  Cause:
  
  Missing Posting Periods: The posting periods for the specified company code may not be defined or may be incorrectly configured.
  Period Locking: The posting periods may be locked for the current date or for the date of the transaction being processed.
  Incorrect Configuration: There may be inconsistencies in the configuration settings related to the fiscal year variant or posting periods.
  Company Code Not Defined: The company code specified in the error message may not be properly set up in the system.
  
  Solution:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (Maintain Posting Periods).
  Verify that the posting periods for the relevant company code are defined correctly.
  Ensure that the periods are open for the dates you are trying to post.
  
  
  
  Review Fiscal Year Variant:
  
  Check the fiscal year variant assigned to the company code in transaction code OB37.
  Ensure that the fiscal year variant is correctly configured and that the posting periods align with the fiscal year settings.
  
  
  
  Unlock Periods:
  
  If the periods are locked, you may need to unlock them for the relevant company code and fiscal year.
  
  
  
  Check Company Code Configuration:
  
  Ensure that the company code is correctly set up in the system and that all necessary configurations are in place.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on configuring posting periods and fiscal year variants.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: Maintain Posting Periods
  OB37: Maintain Fiscal Year Variants
  SPRO: Access to the SAP Reference IMG for configuration settings.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  User Authorization: Ensure that you have the necessary authorizations to make changes to posting periods and company code settings.
  
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Financial Accounting (FI) to further investigate the problem.