How To Fix FU004 - Error in determining the period in company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: FU - Utilities

• Message number: 004

• Message text: Error in determining the period in company code &

What causes this issue?

An error has occurred whilst determining the current fiscal year of
company code &V1&.

System Response

The processing cannot be continued.

How to fix this error?

Check which fiscal year variant company code &V1& uses and whether this
variant is correctly defined.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FU004 - Error in determining the period in company code & ?

  The SAP error message FU004, which states "Error in determining the period in company code &," typically occurs in the context of financial transactions, particularly when dealing with asset accounting or financial postings. This error indicates that the system is unable to determine the appropriate posting period for the transaction in the specified company code.
  Causes of FU004 Error
  
  
  Incorrect Period Settings: The posting period may not be open for the specified company code. This can happen if the period is closed in the financial settings.
  
  
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code may not be correctly configured, or the fiscal year may not match the current date.
  
  
  Configuration Errors: There may be issues in the configuration of the posting periods or the fiscal year settings in the system.
  
  
  Transaction Date Issues: The date of the transaction may fall outside the allowed posting periods.
  
  
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to post in the specified period.
  
  
  Solutions to FU004 Error
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 to check the open and closed posting periods for the company code. Ensure that the period you are trying to post to is open.
  
  
  
  Review Fiscal Year Variant:
  
  Check the fiscal year variant assigned to the company code using transaction code OB29. Ensure that it is correctly set up and that the fiscal year is aligned with the current date.
  
  
  
  Adjust Transaction Date:
  
  Verify the date of the transaction you are trying to post. If it is outside the open periods, adjust the date accordingly.
  
  
  
  Configuration Review:
  
  Review the configuration settings for the company code and fiscal year variant to ensure they are set up correctly. This may involve checking the settings in the IMG (Implementation Guide).
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to post in the specified period. This can be checked with the security team or through transaction code SU53.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to SAP support for further assistance.
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  OB52: Change Posting Periods
  OB29: Maintain Fiscal Year Variants
  SU53: Display Authorization Check
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  User Forums: Consider visiting SAP community forums or user groups for additional insights and solutions from other users who may have encountered the same issue.
  
  
  By following these steps, you should be able to identify and resolve the FU004 error in SAP.