How To Fix FI859 - Enter fiscal year and period

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 859

• Message text: Enter fiscal year and period

What causes this issue?

The fields From-fiscal year, From-period, To fiscal year and To period
are not filled in correctly.

System Response

How to fix this error?

You must specify From-fiscal year, From-period, To-fiscal year, To-
period.
These specifications must either refer to the FM area or the fund.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI859 - Enter fiscal year and period ?

  The SAP error message FI859 ("Enter fiscal year and period") typically occurs when a user attempts to post a financial transaction without specifying the required fiscal year and period. This error is common in the Financial Accounting (FI) module of SAP.
  Cause:
  
  Missing Fiscal Year and Period: The user has not entered the fiscal year and period in the transaction screen.
  Incorrect Configuration: The system may not be configured correctly to recognize the fiscal year and periods.
  Posting Date Issues: The posting date may fall outside the defined fiscal year or period.
  User Authorization: The user may not have the necessary authorizations to post in the specified fiscal year or period.
  
  Solution:
  
  Enter Fiscal Year and Period: Ensure that you fill in the fiscal year and period fields in the transaction screen before attempting to post.
  Check Posting Date: Verify that the posting date you are using falls within the open periods of the fiscal year. You can check this in the period closing settings.
  Review Configuration: If you have the necessary access, check the configuration settings for the fiscal year variant in the SAP system to ensure that the fiscal year and periods are set up correctly.
  Authorization Check: Ensure that you have the appropriate authorizations to post in the desired fiscal year and period. If not, contact your system administrator.
  Transaction Type: Make sure you are using the correct transaction type that corresponds to the fiscal year and period you are trying to post to.
  
  Related Information:
  
  Transaction Codes: Common transaction codes related to financial postings include FB50 (General Ledger), FB01 (Post Document), and F-02 (General Posting).
  Fiscal Year Variant: The fiscal year variant defines the fiscal year and the periods within it. You can check this in the configuration under Financial Accounting (FI) > Financial Accounting Global Settings > Fiscal Year > Define Fiscal Year Variant.
  Period Closing: Period closing activities can affect whether a period is open for posting. Ensure that the period you are trying to post to is not closed.
  SAP Notes: Check for any relevant SAP Notes or documentation that may provide additional insights or solutions related to this error.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or refer to SAP documentation for further troubleshooting.