How To Fix FICO1513 - Use period "As Settlement Period" is not allowed for transaction charges

FICO1513 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 513

• Message text: Use period "As Settlement Period" is not allowed for transaction charges

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.

FICO1513 - Details

• The SAP error message FICO1513, which states "Use period 'As Settlement Period' is not allowed for transaction charges," typically occurs in the context of financial transactions, particularly when dealing with settlement periods in SAP's Financial Accounting (FI) and Controlling (CO) modules.
  
  Cause:
  This error usually arises when:
  
  Incorrect Configuration: The system is configured in such a way that the specified period for transaction charges is not valid for the type of transaction being processed.
  Settlement Period Misalignment: The period being used for settlement does not align with the allowed periods defined in the system settings.
  Transaction Type Restrictions: Certain transaction types may have restrictions on the periods that can be used for settlement.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Configuration Settings:
  
  Go to the configuration settings for transaction charges in the SAP system. This can typically be found in the SPRO transaction under Financial Accounting (FI) or Controlling (CO) settings.
  Ensure that the periods