How To Fix AC702 - You cannot post to account & in period & &

AC702 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 702

• Message text: You cannot post to account & in period & &

What causes this issue?

Posting period &V3& &V4&, that was determined from the posting date, is
not within the posting period defined for account &V1& with account
type &V2&.

System Response

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

How to fix this error?

Check the posting periods.

Error message extract from SAP system. Copyright SAP SE.

AC702 - Details

• The SAP error message AC702 ("You cannot post to account & in period & &") typically occurs when you attempt to post a transaction to a financial account that is either closed for posting in the specified period or is not allowed for posting due to certain restrictions. This error is common in financial modules like Asset Accounting (FI-AA) or General Ledger (FI-GL).
  Causes:
  
  Closed Posting Period: The posting period you are trying to use is closed for the account in question. This can happen if the period has been closed in the financial settings.
  Account Type Restrictions: The account you are trying to post to may have restrictions that prevent postings in certain periods or under certain conditions.
  Document Type Restrictions: The document type you are using may not be allowed for postings to that account in the specified period.
  Configuration Settings: The configuration settings in the financial module may restrict postings to certain