How To Fix FR548 - Selection of report period is invalid for company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 548

• Message text: Selection of report period is invalid for company code &

What causes this issue?

In the settings for electronic communication with authorities
(transaction FOTED1) for the company code in the reporting period, a d
ifferent setting was defined than currently specified in the report
program.

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?

Either correct the settings in transaction FOTED1 or change the
selection parameters.

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 FR548 - Selection of report period is invalid for company code & ?

  The SAP error message FR548 indicates that there is an issue with the selection of the report period for a specific company code. This error typically arises when the selected period for a financial report does not align with the fiscal year settings or the configuration of the company code in the SAP system.
  Cause:
  
  Invalid Period Selection: The selected reporting period may not exist in the fiscal year variant assigned to the company code.
  Fiscal Year Variant Configuration: The fiscal year variant may not be properly configured, or the periods may not be open for posting.
  Company Code Settings: The company code may have restrictions or specific settings that prevent the selection of certain periods.
  Closed Periods: The period you are trying to select may be closed for posting, meaning no transactions can be recorded in that period.
  
  Solution:
  
  
  Check Fiscal Year Variant:
  
  Go to the transaction code OB29 to check the fiscal year variant assigned to the company code.
  Ensure that the selected period is valid and open for posting.
  
  
  
  Review Company Code Settings:
  
  Use transaction code OBY6 to review the settings for the company code.
  Ensure that the company code is configured correctly and that the fiscal year variant is appropriate.
  
  
  
  Open Posting Periods:
  
  Use transaction code OB52 to check the posting periods for the company code.
  Make sure that the period you are trying to select is open for posting.
  
  
  
  Adjust Report Parameters:
  
  If the report allows for it, adjust the parameters to select a valid reporting period that is open and configured correctly.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP administrator for specific configurations related to your organization’s setup.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB29: Maintain Fiscal Year Variant
  OBY6: Company Code Global Parameters
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to access the relevant configuration settings.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.