How To Fix FICORE582 - More than 16 periods can only be used in the Extended General Ledger

FICORE582 - Overview

• Message type: E = Error

• Message class: FICORE - FI Message Class for General Messages

• Message number: 582

• Message text: More than 16 periods can only be used in the Extended General Ledger

What causes this issue?

The defined fiscal year variant has &V1& posting periods and &V2&
special periods, making a total of &V3& periods.
Only 16 periods are possible for transaction figures in FI. However, in
the Extended G/L, you can define up to 365 periods.

System Response

The system tells you that you cannot use this fiscal year variant for
standard ledger 00 where the transaction figures are managed.

How to fix this error?

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 FICORE582 - More than 16 periods can only be used in the Extended General Ledger ?

  The SAP error message FICORE582 indicates that you are trying to use more than 16 posting periods in a financial transaction, but your system is not configured to support this. This limitation is typically encountered when working with the classic General Ledger (G/L) in SAP, which only allows for a maximum of 16 posting periods.
  
  Cause:
  The error occurs because:
  
  The system is set up to use the classic General Ledger, which has a limitation of 16 posting periods.
  You are attempting to post transactions that require more than 16 periods, which is not supported in the classic G/L.
  
  
  Solution:
  To resolve this issue, you have a couple of options:
  
  
  Switch to Extended General Ledger (EGL):
  
  If your business processes require more than 16 posting periods, consider migrating to the Extended General Ledger (EGL). The EGL allows for more flexible period management and can handle more than 16 periods.
  This may involve configuration changes in your SAP system, and