How To Fix FICO1055 - No other period exists

FICO1055 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 055

• Message text: No other period exists

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1055 - No other period exists ?

  The SAP error message FICO1055 ("No other period exists") typically occurs in the Financial Accounting (FI) and Controlling (CO) modules when a user attempts to post a transaction in a period that is either closed or does not exist in the system. This can happen during various activities, such as posting invoices, journal entries, or running reports.
  
  Cause:
  
  Closed Posting Period: The posting period you are trying to use is closed. In SAP, periods are often closed at the end of a fiscal year or month to prevent further postings.
  Incorrect Period Configuration: The period you are trying to access may not be configured correctly in the system.
  Fiscal Year Variant Issues: The fiscal year variant may not be set up properly, leading to discrepancies in available periods.
  User Authorization: The user may not have the necessary authorizations to post in the desired period.
  
  
  Solution:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 to check the posting