How To Fix 67898 - Start of period may be changed if account statement already exists

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 898

• Message text: Start of period may be changed if account statement already exists

What causes this issue?

The start of the period of the external account statement may be
changed automatically if an account statement already exists for this
loan. This ensures that all flows of the loan are reported.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message 67898 - Start of period may be changed if account statement already exists ?

  The SAP error message 67898, which states "Start of period may be changed if account statement already exists," typically occurs in the context of financial accounting or controlling when you attempt to change the start date of a period for which an account statement has already been generated. This can happen in various modules, such as SAP FI (Financial Accounting) or SAP CO (Controlling).
  Cause:
  The error is triggered because the system has already processed transactions for the specified period, and changing the start date could lead to inconsistencies in the financial data. The system is designed to prevent changes that could affect the integrity of the financial reports and account statements.
  Solution:
  To resolve this error, you can consider the following steps:
  
  
  Check Existing Account Statements: Review the account statements that have already been generated for the period in question. If they are finalized and posted, you may need to reverse or adjust them before changing the start date.
  
  
  Consult with Financial Team: Discuss with your finance or accounting team to understand the implications of changing the start date. They may have specific procedures in place for handling such changes.
  
  
  Use Transaction Codes: If you need to make adjustments, you might need to use specific transaction codes (like FB08 for reversing documents) to handle existing postings before you can change the period start date.
  
  
  Change Period Start Date: Once the existing account statements are addressed, you can attempt to change the start date again. Ensure that no further transactions are posted for the period you are trying to modify.
  
  
  System Configuration: If this is a recurring issue, it may be worth reviewing the configuration settings in your SAP system related to period management. Ensure that the settings align with your organization's financial processes.
  
  
  Documentation and Audit Trail: Keep a record of any changes made and ensure that there is an audit trail for compliance and reporting purposes.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message. SAP frequently releases updates that may address known issues.
  User Manuals: Refer to the SAP user manuals or help documentation for detailed procedures on managing periods and account statements.
  Training: Consider training sessions for users involved in financial processes to minimize the occurrence of such errors in the future.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a professional with expertise in SAP financial modules.