How To Fix FINS_ML_AIV024 - Both previous and actual periods are set, but just prev. will be handled

FINS_ML_AIV024 - Overview

• Message type: E = Error

• Message class: FINS_ML_AIV -

• Message number: 024

• Message text: Both previous and actual periods are set, but just prev. will be handled

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_AIV024 - Both previous and actual periods are set, but just prev. will be handled ?

  The SAP error message FINS_ML_AIV024 indicates that there is a configuration issue related to the handling of actual and previous periods in the context of the Multi-Layered Accounting (MLA) functionality in SAP. This error typically arises when both the previous and actual periods are set in a way that is not compatible with the system's processing logic.
  
  Cause:
  The error occurs when:
  
  Both the previous period and the actual period are defined in a way that the system cannot process them simultaneously.
  The configuration settings for the accounting period are not aligned with the expected processing logic.
  There may be inconsistencies in the period settings in the configuration of the financial module.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration Settings:
  
  Go to the configuration settings for the financial module (Transaction code: SPRO).
  Navigate to the relevant section for period control and ensure that the settings for actual and previous periods are correctly defined.
  
  
  
  Review Period