How To Fix G00554 - Processing terminated in period &1/&2 in the consolidation monitor

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 554

• Message text: Processing terminated in period &1/&2 in the consolidation monitor

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message G00554 - Processing terminated in period &1/&2 in the consolidation monitor ?

  The SAP error message G00554, which states "Processing terminated in period &1/&2," typically occurs in the context of financial consolidation processes within SAP. This error indicates that there is an issue with processing data for a specific period in the consolidation monitor.
  Cause:
  
  Period Status: The specified period may be closed or not open for posting. In SAP, periods can be closed for various reasons, such as the completion of financial reporting or the end of a fiscal year.
  Data Inconsistencies: There may be inconsistencies or errors in the data being processed for that period, such as missing entries or incorrect configurations.
  Configuration Issues: There could be issues with the configuration of the consolidation settings, such as incorrect settings for the consolidation group or the financial statement version.
  Authorization Issues: The user may not have the necessary authorizations to process data for the specified period.
  
  Solution:
  
  Check Period Status: Verify the status of the period in question. Ensure that the period is open for posting in the relevant financial module (e.g., FI, CO). You can do this by navigating to the period control settings in SAP.
  Review Data: Check for any inconsistencies or errors in the data for the specified period. This may involve reviewing the entries in the consolidation monitor and ensuring that all necessary data is available and correct.
  Configuration Review: Review the configuration settings for the consolidation process. Ensure that the consolidation group and financial statement version are correctly set up and that there are no discrepancies.
  Authorization Check: Ensure that the user has the necessary authorizations to perform the consolidation for the specified period. This may involve checking user roles and permissions in the SAP system.
  Consult Logs: Check the application logs for more detailed error messages or warnings that may provide additional context for the issue. This can help identify the root cause of the problem.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB52 to check and manage the posting periods, and GCS1 or GCS2 for managing consolidation settings.
  SAP Notes: Look for relevant SAP Notes that may address specific issues related to the G00554 error. SAP Notes often provide patches or workarounds for known issues.
  Documentation: Refer to SAP documentation on financial consolidation processes for best practices and troubleshooting steps.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.