How To Fix FISA_LOC421 - Posting date does not belong to fiscal year &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FISA_LOC - FI Localization for KSA

• Message number: 421

• Message text: Posting date does not belong to fiscal year &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FISA_LOC421 - Posting date does not belong to fiscal year &1 ?

  The SAP error message FISA_LOC421 indicates that the posting date you are trying to use does not belong to the specified fiscal year. This error typically occurs in financial transactions when the date of the transaction falls outside the allowed range of dates for the fiscal year defined in the system.
  Cause:
  
  Incorrect Posting Date: The posting date you entered is either earlier than the start date or later than the end date of the fiscal year.
  Fiscal Year Settings: The fiscal year settings in the system may not be configured correctly, or the fiscal year may have been closed.
  Document Type Restrictions: Certain document types may have restrictions on the posting dates they can accept.
  Period Closing: The accounting period for the fiscal year may be closed, preventing any postings in that period.
  
  Solution:
  
  Check Posting Date: Verify the posting date you are using. Ensure it falls within the range of the fiscal year you are trying to post to.
  Review Fiscal Year Settings: Go to the configuration settings in SAP (Transaction code: OB29) and check the fiscal year variant settings. Ensure that the fiscal year is open for posting.
  Open Periods: Check if the accounting period is open for posting. You can do this in the transaction code OB52 to see the open and closed periods for the relevant company code.
  Change Posting Date: If the posting date is incorrect, change it to a valid date that falls within the open fiscal year.
  Consult with Finance Team: If you are unsure about the fiscal year settings or the correct posting date, consult with your finance or accounting team for guidance.
  
  Related Information:
  
  Transaction Codes:
  
  OB29: Configure fiscal year variant.
  OB52: Open and close posting periods.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to fiscal year postings.
  Documentation: Review SAP documentation on fiscal year settings and posting periods for more detailed guidance.
  
  By following these steps, you should be able to resolve the FISA_LOC421 error and successfully post your transaction.