How To Fix FICO1401 - There is already a period to be deleted that has the same valid-from date

SAP Error Message - Details

• Message type: E = Error

• Message class: FICO1 -

• Message number: 401

• Message text: There is already a period to be deleted that has the same valid-from date

What causes this issue?

Condition release is activated. A validity period is deleted from the
database and recreated during the current transaction run (logical unit
of work).

System Response

The system terminates the process to prevent storage of two
<DS:DE.FICO_DVALIDFROM>validity periods</> with the same valid-from
date. A <DS:DE.FICO_OSTATUS>status</> other than "Deleted" is assigned
to the existing data records.

How to fix this error?

Cancel processing or change the valid-from date of the current period.
Try to avoid having periods with the same valid-from date in the same
transaction run. It is better to change the existing validity period.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1401 - There is already a period to be deleted that has the same valid-from date ?

  The SAP error message FICO1401 indicates that there is an attempt to delete a period in the financial accounting (FI) or controlling (CO) module that cannot be deleted because another period with the same valid-from date already exists. This typically occurs in the context of period closing or when managing fiscal year variants.
  Cause:
  The error arises when:
  
  You are trying to delete a posting period that has the same start date as another existing period.
  The system enforces rules to prevent the deletion of periods that could lead to inconsistencies in financial reporting or data integrity.
  
  Solution:
  To resolve the FICO1401 error, you can follow these steps:
  
  
  Check Existing Periods:
  
  Go to the transaction code OB52 (or the relevant transaction for managing periods).
  Review the list of existing periods to identify if there is indeed another period with the same valid-from date.
  
  
  
  Adjust Periods:
  
  If you find a conflicting period, you may need to adjust the periods. This could involve:
  
  Changing the valid-from date of the existing period.
  Deleting or closing the conflicting period if it is no longer needed.
  
  
  
  
  
  Consult with Your Team:
  
  If you are unsure about the implications of deleting or changing periods, consult with your finance or controlling team to ensure that any changes align with your organization's financial policies.
  
  
  
  Use the Correct Transaction:
  
  Ensure you are using the correct transaction for the intended action. Sometimes, using the wrong transaction can lead to confusion and errors.
  
  
  
  Check Authorization:
  
  Ensure that you have the necessary authorizations to make changes to the periods. Lack of proper authorization can also lead to errors.
  
  
  
  Related Information:
  
  Fiscal Year Variant: Understand how your fiscal year variant is set up, as it defines the periods and their valid dates.
  Period Closing: Familiarize yourself with the period closing process in SAP, as it is crucial for maintaining accurate financial records.
  SAP Notes: Check for any relevant SAP Notes or documentation that may provide additional insights or updates regarding this error message.
  
  By following these steps, you should be able to resolve the FICO1401 error and manage your posting periods effectively.