How To Fix 88246 - Period &1 / fiscal year &2 has not been opened

SAP Error Message - Details

• Message type: E = Error

• Message class: 88 - REA Processing

• Message number: 246

• Message text: Period &1 / fiscal year &2 has not been opened

What causes this issue?

The corresponding period in the fiscal year is not open.

System Response

The periodical declaration will be peformed.

How to fix this error?

Correct the posting date, or open the period for the fiscal year
in <DS:SIMG.SIMG_CFMENUORFBOB52>Customizing</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 88246 - Period &1 / fiscal year &2 has not been opened ?

  The SAP error message 88246, which states "Period &1 / fiscal year &2 has not been opened," typically occurs when you attempt to post a transaction in a period that has not been opened for posting in the system. This is a common issue in financial accounting and controlling modules.
  Cause:
  
  Period Not Opened: The most common cause is that the specified posting period (month) for the given fiscal year has not been opened in the system.
  Configuration Settings: The settings in the financial accounting module may not allow postings to that period.
  Authorization Issues: Sometimes, users may not have the necessary authorizations to post in certain periods.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Open the Period:
  
  Go to the transaction code OB52 (or use the menu path: Financial Accounting > General Ledger > Periodic Processing > Open and Close Posting Periods).
  Check the settings for the fiscal year and the period in question.
  If the period is closed, you can open it by adjusting the date ranges accordingly. Make sure to save your changes.
  
  
  
  Check Configuration:
  
  Ensure that the configuration settings for the fiscal year and periods are correctly set up in the system.
  Verify that the fiscal year variant is correctly assigned to the company code.
  
  
  
  User Authorizations:
  
  Check if the user has the necessary authorizations to post in the specified period. This can be done by reviewing the user's roles and authorizations in the system.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about opening a period, consult with your finance team or SAP administrator to ensure that it aligns with your organization's accounting policies.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: Open and Close Posting Periods
  S_ALR_87003642: Display Financial Statements
  
  
  Fiscal Year Variants: Understand how fiscal year variants work in SAP and how they affect posting periods.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  By following these steps, you should be able to resolve the error and successfully post your transactions.