How To Fix GC374 - Error when determining period (Ledger &, Co. &, FY variant &)

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 374

• Message text: Error when determining period (Ledger &, Co. &, FY variant &)

What causes this issue?

No posting period could be determined from the posting date.

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?

Please check the posting periods for the fiscal year variant &V3& or
assign a correct fiscal year variant to company &V2& for ledger &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC374 - Error when determining period (Ledger &, Co. &, FY variant &) ?

  The SAP error message GC374 typically occurs during the process of determining the period for a specific ledger, company code, and fiscal year variant. This error can arise due to various reasons, and understanding the cause is essential for finding a solution. Here’s a breakdown of the potential causes, solutions, and related information:
  Causes of Error GC374
  
  
  Incorrect Configuration: The fiscal year variant or the ledger settings may not be correctly configured in the system. This can include issues with the fiscal year variant assigned to the company code or ledger.
  
  
  Period Locking: The period you are trying to access may be locked for posting. This can happen if the period is closed for financial transactions.
  
  
  Missing Master Data: There may be missing or incorrect master data related to the company code, ledger, or fiscal year variant.
  
  
  Posting Date Issues: The posting date may fall outside the allowed periods defined in the fiscal year variant.
  
  
  Authorization