How To Fix FICO1057 - As per month-end indicator, start date must be the last day of a month

SAP Error Message - Details

• Message type: E = Error

• Message class: FICO1 -

• Message number: 057

• Message text: As per month-end indicator, start date must be the last day of a month

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1057 - As per month-end indicator, start date must be the last day of a month ?

  The SAP error message FICO1057 indicates that there is an issue with the date you are trying to use for a month-end process. Specifically, the error states that the start date must be the last day of a month, which is a requirement for certain month-end closing activities in the Financial Accounting (FI) and Controlling (CO) modules.
  Cause:
  The error typically occurs when:
  
  You are trying to execute a month-end closing transaction (like running a report, posting a journal entry, or executing a closing program) and the date you have entered is not the last day of the month.
  The system is configured to only allow month-end processes to be initiated on the last day of the month to ensure accurate financial reporting and data integrity.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Date: Ensure that the date you are using for the transaction is indeed the last day of the month. For example, if you are trying to close for March, the date should be March 31.
  
  
  Adjust the Date: If you have entered a date that is not the last day of the month, change it to the appropriate last day of the month.
  
  
  Review Configuration: If you believe the date should be valid but are still encountering the error, check the configuration settings in your SAP system. There may be specific settings related to month-end closing that enforce this rule.
  
  
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for month-end closing procedures to ensure compliance with the required processes.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  Related Information:
  
  Month-End Closing Process: Familiarize yourself with the month-end closing process in SAP, including the necessary steps and transactions involved.
  SAP Notes: Check for any relevant SAP Notes that may address this error or provide additional context.
  Training: If you are frequently encountering this error, consider additional training on SAP FICO processes to better understand the requirements and best practices for month-end closing.
  
  By ensuring that you are using the correct date and following the established procedures, you should be able to resolve the FICO1057 error and proceed with your month-end activities.