How To Fix FIN_FB_RECON505 - Posting Date (BUDAT) of BKPF is initial

SAP Error Message - Details

• Message type: E = Error

• Message class: FIN_FB_RECON - Conversion to S/4HANA: Reconciliation

• Message number: 505

• Message text: Posting Date (BUDAT) of BKPF is initial

What causes this issue?

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

System Response

How to fix this error?

For more information, see
<DS:URLA.HTTPS://LAUNCHPAD.SUPPORT.SAP.COM/#/NOTES/2714344>SAP Note
2714344.</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIN_FB_RECON505 - Posting Date (BUDAT) of BKPF is initial ?

  The SAP error message FIN_FB_RECON505 indicates that the posting date (BUDAT) in the BKPF (Accounting Document Header) is initial or not set. This error typically occurs when you are trying to post a financial document without specifying a valid posting date.
  Cause:
  
  Missing Posting Date: The most common cause is that the posting date field (BUDAT) is left blank or not populated in the transaction you are trying to execute.
  Incorrect Configuration: There may be issues with the configuration of the document type or posting rules that do not allow for a blank posting date.
  User Input Error: The user may have inadvertently skipped the posting date field while entering data.
  
  Solution:
  
  Enter a Valid Posting Date: Ensure that you fill in the posting date (BUDAT) field with a valid date before attempting to post the document. The posting date should be within the allowed posting periods.
  Check Document Type Configuration: Review the configuration for the document type you are using to ensure that it allows for a posting date to be entered.
  Review User Input: Double-check the input fields in the transaction to ensure that all required fields, including the posting date, are filled out correctly.
  System Settings: If the issue persists, check the system settings or consult with your SAP administrator to ensure that there are no restrictions or validations that are causing the posting date to be ignored.
  
  Related Information:
  
  Transaction Codes: This error can occur in various transaction codes related to financial postings, such as FB01 (Post Document), FB50 (G/L Account Document), etc.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Refer to SAP documentation for guidelines on posting documents and the importance of the posting date in financial transactions.
  
  If the problem continues after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.