How To Fix 60705 - Period entered not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: 60 - Real Estate

• Message number: 705

• Message text: Period entered not permitted

What causes this issue?

The period entered is not valid. The month or year is missing.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message 60705 - Period entered not permitted ?

  The SAP error message "60705 - Period entered not permitted" typically occurs when a user attempts to post a transaction in a financial period that is either closed or not open for posting. This error is common in modules like Financial Accounting (FI) and Controlling (CO).
  Cause:
  
  Closed Posting Period: The financial period you are trying to post to has been closed in the system. This is often done at the end of a fiscal year or month to prevent further changes.
  Period Locking: The period may be locked for certain types of transactions (e.g., only allowing certain users to post).
  Configuration Settings: The configuration settings in the system may restrict posting to certain periods based on company code or other criteria.
  User Authorization: The user may not have the necessary authorization to post in the specified period.
  
  Solution:
  
  Check Posting Periods: Go to the transaction code OB52 (Change View "Posting Periods") to check the status of the posting periods. Ensure that the period you are trying to post to is open.
  Open the Period: If the period is closed and you need to post to it, you can open it by adjusting the settings in OB52. Be cautious when doing this, as it may affect financial reporting.
  Review User Authorizations: Ensure that the user has the necessary authorizations to post in the desired period. This can be checked in the user roles and profiles.
  Consult with Finance Team: If you are unsure about opening a closed period, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  Check Configuration: If the issue persists, review the configuration settings related to posting periods in the Financial Accounting module to ensure they are set up correctly.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: Change View "Posting Periods"
  S_U0_02000039: User Authorization Check
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error.
  Documentation: Review SAP documentation on posting periods and financial closing procedures for best practices.
  
  If the problem continues after following these steps, it may be necessary to involve your SAP support team for further investigation.