How To Fix PG399 - The currency &1 is not yet valid in the period specified

SAP Error Message - Details

• Message type: E = Error

• Message class: PG - Error Messages for Master Data Programs

• Message number: 399

• Message text: The currency &1 is not yet valid in the period specified

What causes this issue?

The specified currency is not yet valid in the validity period of the
infotype.
The &V1& currency is only valid from &V3&.

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?

Adjust the validity period of the infotype record or choose a valid
currency.

Procedure for System Administrators

If necessary, adjust the Customizing in table T500W.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PG399 - The currency &1 is not yet valid in the period specified ?

  The SAP error message PG399, which states "The currency &1 is not yet valid in the period specified," typically occurs when you are trying to post a transaction in a currency that is not valid for the specified posting period. This can happen in various modules, such as Financial Accounting (FI) or Controlling (CO), when the system checks the validity of the currency for the given period.
  Cause:
  
  Currency Not Valid for Period: The currency you are trying to use has not been defined as valid for the specified posting period in the system.
  Missing Exchange Rate: There may not be an exchange rate defined for the currency in the specified period.
  Period Locking: The posting period may be closed or locked for the currency in question.
  Configuration Issues: There may be configuration issues in the currency settings or in the fiscal year variant.
  
  Solution:
  
  
  Check Currency Validity:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and check if the currency has an exchange rate defined for the specified period.
  Ensure that the currency is valid for the fiscal year and period you are trying to post to.
  
  
  
  Open Posting Period:
  
  Check if the posting period is open for the currency. You can do this in the transaction code OB52 (Open and Close Posting Periods). Make sure that the period is open for the relevant company code and currency.
  
  
  
  Adjust Configuration:
  
  If necessary, adjust the configuration settings in the system to ensure that the currency is valid for the required periods. This may involve updating the fiscal year variant or the currency settings.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the validity of the currency or the posting periods, consult with your finance or accounting team to ensure that the settings align with your organization's policies.
  
  
  
  Check for Updates:
  
  Ensure that your SAP system is up to date with the latest patches and updates, as sometimes bugs can cause unexpected behavior.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB52: Open and Close Posting Periods
  OB22: Define Currency Types
  
  
  Documentation: Refer to SAP Help documentation for detailed information on currency settings and posting periods.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency validity and posting periods.
  
  By following these steps, you should be able to resolve the PG399 error and successfully post your transaction.