How To Fix FG257 - & of the & company codes selected still have open periods

FG257 - Overview

• Message type: E = Error

• Message class: FG - Program Error Messages

• Message number: 257

• Message text: & of the & company codes selected still have open periods

What causes this issue?

You have selected a total of &v2& company codes. Of those, &v1& company
codes still have open periods, that is, an interval of the fiscal
year/periods you have selected appears in a period which is displayed
in table T001B.
In table T001B, only entries with a masked account type were evaluated.
Therefore other company codes may be affected.

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?

Make sure that you also want to carry out the reorganization run for
the periods that are still open.

Error message extract from SAP system. Copyright SAP SE.

FG257 - Details

• The SAP error message FG257 indicates that there are open periods in the company codes selected, which prevents certain transactions from being processed. This error typically arises during financial postings, closing activities, or when trying to execute certain reports that require all periods to be closed.
  
  Cause:
  
  Open Posting Periods: The primary cause of this error is that the posting periods for the selected company codes are still open. This means that transactions can still be posted to those periods, which is not allowed for certain operations (like year-end closing).
  Configuration Settings: The configuration settings in the Financial Accounting (FI) module may not be set correctly, allowing open periods to remain.
  User Authorization: Sometimes, the user may not have the necessary authorization to close periods or may not be aware that certain periods are still open.
  
  
  Solution:
  
  
  Check Open Periods:
  
  Go to the transaction code OB52 (Maintain Posting Periods).
  Review the posting periods for the relevant company codes.