How To Fix 67_LOAN702 - The posting date is in a period that is already archived

67_LOAN702 - Overview

• Message type: E = Error

• Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

• Message number: 702

• Message text: The posting date is in a period that is already archived

Self-Explanatory Message

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67_LOAN702 - Details

• The SAP error message 67_LOAN702 indicates that the posting date of a transaction falls within a period that has already been archived. This typically occurs in financial modules where transactions are time-sensitive and must be recorded in specific periods.
  
  Cause:
  
  Archived Period: The posting date of the transaction you are trying to process is within a fiscal period that has already been archived. Archiving is a process in SAP that moves data from the database to a storage medium to improve performance and manage data volume.
  Configuration Settings: The system may be configured to prevent postings in archived periods to maintain data integrity and compliance with accounting standards.
  
  
  Solution:
  
  Check Posting Date: Verify the posting date of the transaction you are trying to process. Ensure that it falls within an open period that has not been archived.
  Change Posting Date: If possible, adjust the posting date to a valid period that is open for posting.
  Unarchive Period: