How To Fix 60697 - Period already exists (Change period or delete)

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 697

• Message text: Period already exists (Change period or delete)

What causes this issue?

An option rate already exists for the validity period.

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?

Enter another validity period or delete the entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60697 - Period already exists (Change period or delete) ?

  The SAP error message 60697, "Period already exists (Change period or delete)," typically occurs in the context of financial or controlling modules when you attempt to post a transaction in a period that is already closed or has been defined in a way that does not allow further postings.
  Cause:
  
  Closed Posting Period: The most common cause is that the posting period you are trying to use is already closed. In SAP, periods can be closed for various reasons, such as month-end or year-end closing processes.
  Period Control Settings: The settings in the controlling or financial module may restrict postings to certain periods.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to post in a specific period.
  
  Solution:
  
  
  Check Period Status: Verify the status of the posting period in the relevant configuration settings. You can do this by navigating to:
  
  Transaction Code: OB52 (for financial accounting) or KAH1/KAH2 (for controlling).
  Check if the period is indeed closed and if it can be reopened.
  
  
  
  Change Posting Period: If the period is closed and cannot be reopened, you may need to change the posting date to a valid open period. Ensure that the new period is open for postings.
  
  
  Reopen Period: If you have the necessary authorizations and it is appropriate to do so, you can reopen the period. This is typically done by:
  
  Going to Transaction Code: OB52.
  Adjusting the period settings to allow postings for the required period.
  
  
  
  Consult with Finance Team: If you are unsure about reopening a period or changing settings, consult with your finance or controlling team to ensure compliance with accounting policies.
  
  
  Check Authorizations: Ensure that you have the necessary authorizations to post in the desired period. If not, contact your SAP security administrator.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (for managing posting periods) and others related to financial postings.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message.
  Documentation: Review SAP documentation or help files for detailed information on managing posting periods and related configurations.
  
  By following these steps, you should be able to resolve the error message 60697 and successfully post your transactions in SAP.