How To Fix 67244 - Date is after fixed period end &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 67 - Loans Messages - Financial Assets Management

• Message number: 244

• Message text: Date is after fixed period end &1

What causes this issue?

The date by which the loan contract is to be signed and sent back by
the borrower is before the locking-up period end of the contract.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Check the entered date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 67244 - Date is after fixed period end &1 ?

  The SAP error message "67244 Date is after fixed period end &1" typically occurs when a user attempts to perform an action (such as posting a document or making a change) that involves a date that falls outside of the defined fixed period in the system. This fixed period is often set for financial reporting or other time-sensitive processes, and it restricts transactions to a specific date range.
  Cause:
  
  Date Exceeds Fixed Period: The date you are trying to use for a transaction is beyond the end date of the fixed period defined in the system.
  Period Closing: The financial period may have been closed, preventing any further postings or changes for that period.
  Configuration Settings: The fixed period settings in the configuration may not align with the intended transaction dates.
  
  Solution:
  
  Check the Date: Verify the date you are trying to use for the transaction. Ensure it falls within the allowed range of the fixed period.
  Adjust the Fixed Period: If necessary, you can extend the fixed period in the configuration settings. This typically requires access to the configuration settings in SAP:
  
  Go to Transaction Code: OB52 (for managing posting periods).
  Check the current settings and adjust the end date of the fixed period if appropriate.
  
  
  Post in a Different Period: If extending the fixed period is not an option, consider posting the transaction in a different period that is open.
  Consult with Finance Team: If you are unsure about changing the fixed period settings, consult with your finance or accounting team to ensure compliance with financial policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: Manage Posting Periods
  OBA7: Define Special Periods
  
  
  User Roles: Ensure that you have the necessary authorizations to change posting periods or perform transactions in closed periods.
  Documentation: Refer to SAP documentation or help resources for more detailed guidance on managing posting periods and handling related errors.
  
  Best Practices:
  
  Regularly review and manage posting periods to avoid disruptions in financial processes.
  Communicate with relevant stakeholders before making changes to fixed periods to ensure alignment with business processes.
  Maintain a log of changes made to posting periods for audit and compliance purposes. 
  
  By following these steps, you should be able to resolve the error and continue with your transactions in SAP.