How To Fix FC360 - Period interval 3 is only allowed for account type "+"

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 360

• Message text: Period interval 3 is only allowed for account type "+"

What causes this issue?

Period interval 3 specifies the open and closed posting periods for
postings from Controlling to Financial Accounting.
It is <ZH>not</> possible to specifically enter the account type for
this integration.

System Response

The entry is <ZH>not</> saved.

How to fix this error?

Enter period interval 3 with account type "<ZH>+</>".

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 FC360 - Period interval 3 is only allowed for account type "+" ?

  The SAP error message FC360 indicates that there is an issue with the configuration of the account type in relation to the period interval being used. Specifically, this error occurs when you attempt to use a period interval that is not allowed for the specified account type.
  Cause:
  The error message FC360 is triggered when:
  
  You are trying to post a transaction to an account that is not configured to allow postings for the specified period interval.
  The account type is set to a type that does not permit the use of the specified period interval (in this case, period interval 3).
  The account type "+" typically refers to a balance sheet account, and period interval 3 may be restricted to certain types of accounts (like income statement accounts).
  
  Solution:
  To resolve the FC360 error, you can take the following steps:
  
  
  Check Account Type Configuration:
  
  Go to the account master data and verify the account type assigned to the account you are trying to post to.
  Ensure that the account type is appropriate for the period interval you are using.
  
  
  
  Review Period Interval Settings:
  
  Check the configuration of the period intervals in the SAP system. This can usually be done in the configuration settings under Financial Accounting (FI) -> General Ledger Accounting -> Periodic Processing.
  Ensure that the period interval you are trying to use is allowed for the account type in question.
  
  
  
  Adjust Posting Period:
  
  If the account type is correct but the period interval is not allowed, consider adjusting the posting period to one that is valid for the account type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP administrator to understand the specific configurations for your system and how they relate to account types and period intervals.
  
  
  
  Testing:
  
  After making the necessary adjustments, try posting the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Account Types: In SAP, account types are used to classify accounts for reporting and posting purposes. Common account types include:
  
  "+" for balance sheet accounts
  "-" for income statement accounts
  
  
  Period Intervals: These are defined in the system to control how postings are made during specific periods (e.g., monthly, quarterly).
  Transaction Codes: You may need to use transaction codes like FS00 (to display/change account master data) or OB52 (to maintain posting periods) to make necessary changes.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.