How To Fix FINS_ACDOC_CUST068 - Posting period variant is empty (ledger &1/company code &2)

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 068

• Message text: Posting period variant is empty (ledger &1/company code &2)

What causes this issue?

The posting period variant can't be empty in table FINSC_LD_CMP.

System Response

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

How to fix this error?

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 FINS_ACDOC_CUST068 - Posting period variant is empty (ledger &1/company code &2) ?

  Cause:
  The SAP error message FINS_ACDOC_CUST068 occurs when the posting period variant is not maintained or is empty for a specific ledger and company code combination. The posting period variant determines the allowed posting periods for a company code.
  Solution:
  To resolve this error, you need to maintain the posting period variant for the affected ledger and company code. Follow these steps:
  
  Go to transaction code OBBO or navigate to the following path in SAP S/4HANA: Financial Accounting -> Financial Accounting Global Settings -> Document -> Posting Periods -> Define Variants for Open Posting Periods.
  In the "Posting Periods: Variants for Open Posting Periods" screen, select the relevant ledger and company code combination.
  Maintain the posting period variant by entering a valid variant code in the "Posting Period Variant" field.
  Save the changes.
  
  Related Information:
  
  The posting period variant is a crucial configuration in SAP Financial Accounting (FI) module. It determines the allowed posting periods for a company code and helps control the posting of financial transactions within specific time periods.
  The posting period variant is assigned to a company code in the company code configuration (transaction code OBY6).
  The posting period variant can be defined based on the fiscal year variant, which determines the number of posting periods and their duration.
  It is important to maintain the posting period variant correctly to ensure accurate and timely financial postings in SAP.
  
  Note: The specific steps and transaction codes may vary depending on the SAP version and configuration. It is recommended to consult with your SAP system administrator or consultant for precise instructions.