How To Fix IDCFM_US_FAMA_MSG104 - Transaction period (&1 - &2) does not match that of settlement type &3

SAP Error Message - Details

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 104

• Message text: Transaction period (&1 - &2) does not match that of settlement type &3

What causes this issue?

For settlement type &V3&, the transaction period that starts on &V1& and
ends on &V2& does not match the time period you entered in Customizing.

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?

Change the start and/or end date of the transaction in the <ZK>Term</>
group box in the FTR_EDIT transaction, or change the minimum/maximum
time period values for settlement type &V3& in the Customizing activity
<DS:SIMG.IDCFM_USTB_VSETY>Define Settlement Types for TBA</>.

Procedure for System Administrators

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_MSG104 - Transaction period (&1 - &2) does not match that of settlement type &3 ?

  The SAP error message IDCFM_US_FAMA_MSG104 indicates that there is a mismatch between the transaction period specified in your transaction and the settlement type you are using. This error typically occurs in the context of financial asset management or fixed asset accounting when trying to process transactions that involve asset settlements.
  Cause:
  The error arises when the transaction period (defined by the start date &1 and end date &2) does not align with the expected transaction period for the specified settlement type (&3). This can happen due to several reasons, including:
  
  Incorrect Period Selection: The transaction period you are trying to use is outside the allowed periods for the specified settlement type.
  Configuration Issues: The settlement type may have specific settings that restrict the periods in which transactions can be processed.
  Posting Periods: The posting periods in the financial settings may not be open for the specified transaction period.
  Data Entry Errors: There may be a mistake in the data entry, such as incorrect dates or settlement type.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Transaction Period: Verify the transaction period you are trying to use. Ensure that the start and end dates are correct and fall within the allowed periods for the settlement type.
  
  
  Review Settlement Type Configuration: Check the configuration of the settlement type in the system. Ensure that it allows transactions for the specified period. You may need to consult with your SAP configuration team or refer to the relevant documentation.
  
  
  Open Posting Periods: Ensure that the posting periods for the relevant fiscal year are open. You can check this in the SAP system under the financial accounting settings.
  
  
  Correct Data Entry: Double-check the data you have entered for the transaction. Make sure that the settlement type and transaction dates are correctly specified.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific details on the settlement type and its allowed transaction periods.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to your SAP support team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset transactions.
  Configuration Path: The configuration for settlement types can typically be found in the SAP IMG under Financial Accounting (FI) > Asset Accounting > Integration with Other Modules > Define Settlement Types.
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  
  By following these steps, you should be able to identify and resolve the cause of the error message IDCFM_US_FAMA_MSG104 in your SAP system.