How To Fix FMCA_PSOB014 - Exception period is invalid; enter a valid period

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCA_PSOB - Contract Object

• Message number: 014

• Message text: Exception period is invalid; enter a valid period

What causes this issue?

You have defined an exception period with the following data:
Start (month): &V1&
Start (day): &V2&
End (month): &V3&
End (day): &V4&
The resulting start date is after the end date.

System Response

Further processing is not possible.

How to fix this error?

Check your entries and change them so that the start date falls before
the end date.

Procedure for System Administrators

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 FMCA_PSOB014 - Exception period is invalid; enter a valid period ?

  The SAP error message FMCA_PSOB014 indicates that there is an issue with the period specified in a financial transaction or process. This error typically arises in the context of budget management or financial accounting when the system cannot recognize the specified period as valid.
  Cause:
  
  
  Invalid Period: The period entered may not exist in the fiscal year variant defined in the system. This could happen if:
  
  The period is outside the defined fiscal year.
  The period is closed or not open for posting.
  The period format is incorrect (e.g., entering a month instead of a quarter).
  
  
  
  Configuration Issues: There may be configuration issues in the fiscal year variant settings or the budget control settings.
  
  
  Data Entry Errors: The user may have made a typographical error when entering the period.
  
  
  Solution:
  
  
  Check the Period: Verify that the period you are trying to enter is valid. Ensure that:
  
  The period is within the range of the fiscal year.
  The period is open for posting in the system.
  
  
  
  Review Fiscal Year Variant: Go to the configuration settings for the fiscal year variant and check:
  
  The defined periods and their statuses.
  Ensure that the fiscal year variant is correctly assigned to the company code.
  
  
  
  Correct Data Entry: If the error is due to a typographical mistake, correct the period entry and try again.
  
  
  Consult with Finance Team: If you are unsure about the validity of the period or the configuration, consult with your finance or SAP configuration team to ensure that everything is set up correctly.
  
  
  Transaction Codes: Use transaction codes like OB29 (to check fiscal year variant) or FMAVCR01 (to check budget control settings) to investigate further.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation on fiscal year variants and budget management for more detailed information on how periods are defined and managed.
  User Forums: Consider checking SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.