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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FG257 - & of the & company codes selected still have open periods ?

  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. Ensure that the periods you want to close are indeed closed.
  If necessary, close the open periods by adjusting the settings in OB52.
  
  
  
  Close Periods:
  
  If you are in a financial closing process, ensure that all necessary transactions for the open periods are completed.
  After confirming that all transactions are posted, you can close the periods for the relevant company codes.
  
  
  
  User Authorization:
  
  Ensure that the user attempting the transaction has the necessary authorizations to view and modify posting periods.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific instructions related to your version of SAP and the configuration of your system.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To maintain and check the open and closed posting periods.
  F.01: To run financial reports that may be affected by open periods.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to error FG257.
  
  
  User Training: Ensure that users are trained on the importance of closing periods and the implications of leaving them open.
  
  
  By following these steps, you should be able to resolve the FG257 error and ensure that your financial periods are managed correctly.