How To Fix 1I035 - Posting to prior period or cancellation, recon.key &2 closed in bk.area&1

1I035 - Overview

• Message type: E = Error

• Message class: 1I - BCA: General Ledger Integration

• Message number: 035

• Message text: Posting to prior period or cancellation, recon.key &2 closed in bk.area&1

What causes this issue?

Postings were made in former account or a previous program run was
terminated. Reconciliation key &V2& in bank area &V1& was open and has
now been closed. The data from this program run can only now be
transferred to the general ledger.

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?

Error message extract from SAP system. Copyright SAP SE.

1I035 - Details

• The SAP error message 1I035 indicates that there is an attempt to post a transaction to a prior period or to cancel a transaction in a closed accounting period. This error typically arises when you try to post a document or make a cancellation in a period that has already been closed in the specified company code or accounting area.
  
  Cause:
  
  Closed Period: The accounting period you are trying to post to has been closed. This means that no further postings can be made to that period.
  Cancellation Attempt: You may be trying to cancel a document that was posted in a closed period.
  Configuration Settings: The settings in the financial accounting configuration may restrict postings to prior periods.
  
  
  Solution:
  
  
  Open the Period: If it is necessary to post to the prior period, you can open the period in the configuration settings. This is done through the transaction code OB52. However, this should be done with