How To Fix IDCFM_US_FAMA_MSG101 - Time period &1 for settlement type &2 is not valid

IDCFM_US_FAMA_MSG101 - Overview

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 101

• Message text: Time period &1 for settlement type &2 is not valid

What causes this issue?

The format of the <ZK>Minimum/Maximum Time Period</> values <ZH>&V1&</>
you entered for settlement type <ZH>&V2& </>is not valid.

System Response

The system does not save the data.

How to fix this error?

Enter the values in a shortened format in the <ZK>Minimum Time Period</>
and <ZK>Maximum Time Period</> fields in the Customizing activity
<DS:SIMG.IDCFM_USTB_VSETY>Define Settlement Types for TBA</>.

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 IDCFM_US_FAMA_MSG101 - Time period &1 for settlement type &2 is not valid ?

  The SAP error message IDCFM_US_FAMA_MSG101 indicates that there is an issue with the time period specified for a particular settlement type in the context of asset accounting or financial management. This error typically arises when the time period being referenced does not align with the valid periods defined in the system for the specified settlement type.
  
  Cause:
  
  
  Invalid Time Period: The time period you are trying to use for the settlement type is not valid. This could be due to:
  
  The period being closed or not open for posting.
  The period not being defined for the specific settlement type.
  The fiscal year or period settings not being configured correctly.
  
  
  
  
  Configuration Issues: There may be configuration issues in the asset accounting settings or the financial management module that prevent the system from recognizing the time period as valid.
  
  
  Data Entry Errors: There could be a simple data entry error where the wrong period or settlement type is being