How To Fix 1M034 - Current Posting Date for Balancing Postings: &1

1M034 - Overview

• Message type: E = Error

• Message class: 1M - BKK: Abschluß

• Message number: 034

• Message text: Current Posting Date for Balancing Postings: &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1M034 - Current Posting Date for Balancing Postings: &1 ?

  The SAP error message 1M034 indicates that there is an issue with the current posting date for balancing postings. This error typically arises when the system detects that the posting date for a transaction does not align with the allowed posting periods or is outside the permissible range for the specified account or transaction type.
  
  Cause:
  
  Posting Date Issue: The posting date of the transaction is either in a closed period or not allowed for the specific account.
  Period Locking: The financial period may be locked for posting, preventing any transactions from being recorded in that period.
  Configuration Settings: The configuration settings for the company code or the specific account may restrict postings to certain dates or periods.
  Balancing Postings: The error specifically relates to balancing postings, which means that the system is trying to create a balancing entry that does not comply with the date restrictions.
  
  
  Solution:
  
  Check Posting Date: Verify the posting date of the