How To Fix FGV555 - Financial year variant periods & are not in increasing order

SAP Error Message - Details

• Message type: E = Error

• Message class: FGV - Fiscal year variants

• Message number: 555

• Message text: Financial year variant periods & are not in increasing order

What causes this issue?

The posting periods are not in ascending order.

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?

Specify the posting periods with the calendar year in ascending order.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FGV555 - Financial year variant periods & are not in increasing order ?

  The SAP error message FGV555 indicates that there is an issue with the financial year variant periods not being in increasing order. This error typically arises during the configuration of financial year variants in the SAP system, particularly when defining the periods for a fiscal year.
  Cause:
  The error occurs when the periods defined in the financial year variant are not arranged in a sequential order. For example, if you have defined periods as 1, 3, 2, this will trigger the error because period 2 is not in the correct order following period 1 and 3.
  Solution:
  To resolve the FGV555 error, follow these steps:
  
  
  Check Financial Year Variant Configuration:
  
  Go to the transaction code OB29 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Define Fiscal Year Variant).
  Select the financial year variant that is causing the issue.
  
  
  
  Review Periods:
  
  Ensure that all periods are listed in increasing order. For example, if you have periods 1 to 12 for a calendar year, they should be listed as 1, 2, 3, ..., 12 without any gaps or out-of-order entries.
  
  
  
  Correct Any Errors:
  
  If you find any periods that are out of order, correct them by rearranging the periods in the correct sequence.
  
  
  
  Save Changes:
  
  After making the necessary adjustments, save your changes.
  
  
  
  Test the Configuration:
  
  After saving, test the configuration by trying to execute the transaction or process that previously triggered the error.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This is a configuration in SAP that defines how the fiscal year is structured, including the number of periods and how they are organized.
  Transaction Codes:
  
  OB29: To define or modify fiscal year variants.
  OB37: To assign the fiscal year variant to company codes.
  
  
  Documentation: Refer to SAP Help documentation for detailed information on fiscal year variants and their configuration.
  
  By ensuring that the periods in your financial year variant are in the correct order, you should be able to resolve the FGV555 error and proceed with your financial processes in SAP.