How To Fix GI556 - The period to be posted to could not be determined

GI556 - Overview

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 556

• Message text: The period to be posted to could not be determined

What causes this issue?

The system tried to determine the period to be posted to from the
company code and the posting date, but an internal error occurred.

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 the fiscal year variant in the assignment of ledger 00 to your
company code in FI-SL configuration.

Error message extract from SAP system. Copyright SAP SE.

GI556 - Details

• The SAP error message GI556, "The period to be posted to could not be determined," typically occurs during the posting of goods movements or inventory transactions. This error indicates that the system is unable to determine the appropriate posting period for the transaction you are trying to execute. Here are some common causes, solutions, and related information for this error:
  Causes:
  
  
  Closed Posting Periods: The posting period for the transaction date may be closed in the system. This can happen if the period has been closed for financial reporting or if the period is not open for the relevant company code.
  
  
  Missing Configuration: The configuration for the posting periods in the controlling area or company code may not be set up correctly.
  
  
  Incorrect Document Date: The document date used in the transaction may fall outside the allowed posting periods.
  
  
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code may not be