How To Fix GI554 - Special period & is not allowed (periods: &, special periods: & )

GI554 - Overview

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 554

• Message text: Special period & is not allowed (periods: &, special periods: & )

What causes this issue?

The special period is not allowed.

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?

Check your entry. The fiscal year variant for this company code has
fewer periods or the period entered is not a special period.

Error message extract from SAP system. Copyright SAP SE.

GI554 - Details

• The SAP error message GI554 indicates that there is an issue with the posting period you are trying to use in a transaction. Specifically, it states that the special period you are attempting to use is not allowed for the specified posting period. This error typically arises in the context of financial postings, such as during month-end or year-end closing processes.
  
  Cause:
  
  Incorrect Period Configuration: The special period you are trying to use may not be configured correctly in the system. This can happen if the special periods are not open for posting or if the fiscal year variant does not allow postings in that special period.
  Posting Period Status: The posting period may be closed for the transaction type you are trying to execute. For example, if you are trying to post to a special period that is not open for the current fiscal year, you will encounter this error.
  User Authorization: The