How To Fix J2354 - &4 Company code &: Period preceding & not found

SAP Error Message - Details

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 354

• Message text: &4 Company code &: Period preceding & not found

What causes this issue?

An error occurred while fixing the dates for the previous period.

System Response

The transaction has been marked as containing errors. It can not be
further processed.

How to fix this error?

Please check your settings in Customizing as regards company code and
operating concern. Pay special attention to allocation.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message J2354 - &4 Company code &: Period preceding & not found ?

  The SAP error message J2354 "&4 Company code &: Period preceding & not found" typically occurs in the context of financial postings or reporting when the system cannot find a valid period for the specified company code. This error is often related to the fiscal year variant settings or the period settings in the financial accounting module.
  
  Cause:
  
  Fiscal Year Variant Configuration: The fiscal year variant for the company code may not be set up correctly, or the periods may not be defined for the fiscal year.
  Period Locking: The period you are trying to access may be locked for posting, or it may not be open for the specified company code.
  Incorrect Posting Date: The posting date you are using may fall outside the defined periods for the fiscal year.
  Missing Periods: The periods for the fiscal year may not have been created or activated in the system.
  
  
  Solution:
  
  
  Check Fiscal Year Variant:
  
  Go to the transaction