How To Fix FR290 - Company code &: Last key date &

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 290

• Message text: Company code &: Last key date &

What causes this issue?

A posting run with key date &V2& was already carried out for company
code &V1&. A posting run was not carried out for key date &V3&.

System Response

Postings for previous key dates can only be carried out using the data
from a posting run already carried out.

How to fix this error?

Enter the key date of a posting run already carried out or enter the
key date equal to or later than &V2&.
&NOTE&
You can select a list of the posting runs already carried out from the
subfunction <ZH>"Subsequent business area/profit center adjustment -
Display log"</> by pressing the Possible entries pushbutton (F4) on the
<ZH>"Run ID"</> field.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR290 - Company code &: Last key date & ?

  The SAP error message FR290 typically indicates an issue related to the financial closing process, specifically concerning the last key date for a company code. This error can arise during various financial transactions, such as posting documents or executing closing activities.
  Cause:
  The error message FR290 usually occurs due to one of the following reasons:
  
  Last Key Date Not Set: The last key date for the specified company code has not been set or is incorrectly configured in the system.
  Closing Period: The period you are trying to post to is closed or not open for posting.
  Configuration Issues: There may be configuration issues in the financial settings of the company code that prevent transactions from being processed.
  
  Solution:
  To resolve the FR290 error, you can take the following steps:
  
  
  Check Last Key Date:
  
  Go to the transaction code OB52 (Change View "Periods": Overview).
  Verify if the last key date for the company code is set correctly. If it is not set, you may need to define the last key date for the relevant periods.
  
  
  
  Open Posting Periods:
  
  Ensure that the posting period you are trying to use is open. You can check this in the same transaction (OB52) or by using the transaction code OB29 to manage the posting periods.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the company code in the Financial Accounting (FI) module. Ensure that all necessary settings are correctly configured.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the FR290 error for any specific guidance or updates that may apply to your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: OB52 (Change View "Periods": Overview), OB29 (Manage Posting Periods).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  User Authorization: Ensure that you have the necessary authorizations to change periods or settings in the system.
  
  By following these steps, you should be able to identify and resolve the cause of the FR290 error in SAP.