How To Fix 88247 - Period &1 / fiscal year &2 has not been opened for general ledger

SAP Error Message - Details

• Message type: E = Error

• Message class: 88 - REA Processing

• Message number: 247

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

What causes this issue?

The relevant period in the fiscal year is not opened for the general
ledger.

System Response

The periodical declaration will be performed.

How to fix this error?

Correct the posting date, or open the period for the fiscal year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 88247 - Period &1 / fiscal year &2 has not been opened for general ledger ?

  The SAP error message 88247 indicates that a specific period and fiscal year have not been opened for posting in the General Ledger (G/L). This typically occurs when users attempt to post transactions in a period that is either closed or not yet opened in the system.
  Cause:
  
  Period Not Opened: The most common cause is that the specified period (e.g., month) for the given fiscal year has not been opened for posting.
  Fiscal Year Settings: The fiscal year settings in the system may not allow postings for the specified period.
  Authorization Issues: Users may not have the necessary authorizations to post in the specified period.
  Configuration Errors: There may be configuration issues in the financial settings that prevent the period from being opened.
  
  Solution:
  
  
  Open the Period:
  
  Navigate to the transaction code OB52 (Change View "Periods": Overview).
  Check the settings for the fiscal year and ensure that the period in question is open for posting.
  If it is closed, you can open it by adjusting the date ranges accordingly.
  
  
  
  Check Fiscal Year Variant:
  
  Ensure that the fiscal year variant assigned to the company code is correctly configured to allow postings in the desired periods.
  
  
  
  Review Authorization:
  
  Verify that the user has the necessary authorizations to post in the specified period. This can be checked with the help of your SAP security team.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about opening a period, consult with your finance team or SAP consultant to ensure that it aligns with your organization's accounting policies.
  
  
  
  Transaction Codes:
  
  Use transaction codes like OB52 for period management and OB29 for fiscal year variant settings.
  
  
  
  Related Information:
  
  Fiscal Year Variant: This defines how the fiscal year is structured, including the number of periods and special periods.
  Posting Periods: These are defined in the system to control when transactions can be posted. Each company code can have its own settings.
  SAP Documentation: Refer to SAP Help documentation for detailed instructions on managing posting periods and fiscal year settings.
  
  By following these steps, you should be able to resolve the error message 88247 and successfully post transactions in the desired period.