How To Fix G3550 - Data posted to year &1, period &2

SAP Error Message - Details

• Message type: E = Error

• Message class: G3 - Messages for SAP Consolidation: Integration

• Message number: 550

• Message text: Data posted to year &1, period &2

What causes this issue?

You specified that the data is to be posted in year &V1& and period
&V2&. The records contained in the extract file are allocated to the
year &V3& and period &V4&.

System Response

The data will be posted to year &V1& and period &V2&.

How to fix this error?

If you want to post the data to a different year or period, change your
entries accordingly on the selection screen.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G3550 - Data posted to year &1, period &2 ?

  The SAP error message G3550 indicates that there is an issue with posting data to a specific fiscal year and period. The message typically means that the system is preventing a posting because the specified period is closed or not open for posting in the specified fiscal year.
  Cause:
  
  Closed Period: The fiscal period you are trying to post to is closed. This can happen if the period has been closed in the financial settings.
  Incorrect Period: The period you are trying to post to may not be valid for the specified fiscal year.
  Authorization Issues: The user may not have the necessary authorizations to post in that period.
  Configuration Settings: The configuration settings in the financial module may restrict postings to certain periods.
  
  Solution:
  
  Check Period Status: Verify if the period is indeed closed. You can do this by checking the period status in the transaction code OB52 (Maintain Fiscal Year Variants). Ensure that the period you are trying to post to is open.
  Open the Period: If the period is closed and you need to post to it, you can temporarily open the period in transaction OB52. However, be cautious with this approach, as it may affect financial reporting.
  Verify Fiscal Year: Ensure that you are posting to the correct fiscal year and period. Double-check the entries you are making.
  User Authorizations: Check if the user has the necessary authorizations to post in the specified period. This can be done by reviewing the user roles and permissions.
  Consult with Finance Team: If you are unsure about opening a closed period or making changes, consult with your finance team or SAP administrator to ensure compliance with financial policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To maintain the open and closed periods.
  FB50: To post general ledger entries.
  FBL3N: To view line items in the general ledger.
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  Documentation: Review SAP documentation related to fiscal year and period management for more detailed guidance.
  
  Always ensure that any changes made to the posting periods are in line with your organization's financial policies and procedures.