How To Fix GI826 - Ledger &1 does not have period &3 in company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 826

• Message text: Ledger &1 does not have period &3 in company code &2

What causes this issue?

You want to post company code &V2& to ledger &V1& in period &V3&.
In company code &V2&, however, fiscal year variant &V4&
is assigned to ledger &V1&, and there is no &V3& in this fiscal year
variant.

System Response

The posting is rejected.

How to fix this error?

Either post to a period in fiscal year variant &V4&, or post to a ledger
other than ledger &V1&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI826 - Ledger &1 does not have period &3 in company code &2 ?

  The SAP error message GI826 indicates that there is an issue with the ledger configuration in relation to the specified company code and period. Here’s a breakdown of the cause, potential solutions, and related information for this error:
  Cause:
  
  Period Not Open: The specified period (&3) is not open for posting in the ledger (&1) for the company code (&2). This can happen if the period has been closed in the financial settings.
  Incorrect Ledger Configuration: The ledger may not be properly configured to allow postings for the specified period.
  Posting Date Issues: The posting date of the transaction may fall into a period that is not open for the specified ledger.
  Fiscal Year Variant: The fiscal year variant assigned to the company code may not align with the periods defined in the ledger.
  
  Solutions:
  
  
  Open the Period:
  
  Go to the transaction code OB52 (Change View "Periods" Overview).
  Check the settings for the company code and ledger. If the period is closed, you can open it for the required ledger and company code.
  
  
  
  Check Ledger Configuration:
  
  Ensure that the ledger is correctly configured to allow postings for the specified period. This can be checked in the configuration settings under Financial Accounting (FI) > General Ledger > Master Data > Ledger > Define Ledgers.
  
  
  
  Verify Posting Date:
  
  Ensure that the posting date of the transaction is correct and falls within an open period for the specified ledger.
  
  
  
  Review Fiscal Year Variant:
  
  Check the fiscal year variant assigned to the company code and ensure it matches the periods defined in the ledger. This can be done in the configuration settings under Financial Accounting (FI) > Financial Accounting Global Settings > Fiscal Year > Define Fiscal Year Variants.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about making changes to the periods or ledger settings, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB52: To manage open and closed posting periods.
  OBY6: To check and configure the fiscal year variant.
  OB37: To define and manage ledgers.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  Documentation: Refer to SAP Help documentation for detailed information on managing ledgers and posting periods.
  
  
  By following these steps, you should be able to resolve the GI826 error and ensure that your postings can be processed correctly.