How To Fix ACE_S4118 - There is a periodic posting with date &1 posting cannot be done for &2

SAP Error Message - Details

• Message type: E = Error

• Message class: ACE_S4 - Messages for S/4HANA Accrual Engine

• Message number: 118

• Message text: There is a periodic posting with date &1 posting cannot be done for &2

What causes this issue?

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

System Response

In the periodic accrual posting run of the Accrual Engine (transaction
ACEPOSTINGRUN),it is possible to skip periods, i.e. to execute the
periodic accrual posting run with a posting date that is in a future
period. This might lead to situation that accrual amounts are doubled.
For example:
Accruals are calculated for whole year 2019 with amounts 1000 EUR every
month. You skip first three periods and post on 30.04.2019, system will
calculate and post 4000 EUR.
Then you decide to post on 28.02.2019, engine will calculate and post
2000 EUR. Now we have in total 6000 EUR posted. This issue can be
corrected if you run posting in April or in following periods, but if
not then double amount will remain in the system.

How to fix this error?

If you still want to post in past, amount on 30.04.2019 should be
reversed, and total amount on that date should be 0.
A reversal of accrual postings can be performed either with transaction
FB08 or F.80.
As an alternative to a reversal, it is also possible to perform an
inverse posting using transaction ACACTREE02 (in case of Manual
Accruals) or POACTREE03 (in case of Purchase Order Accruals): In the tab
"Postings" there is an icon "Cancel", mark a posting and press this
icon/button. This will trigger an inverse posting, i.e. a posting with
opposite sign. Be careful to press this icon only once, because the
inverse posting is "just" a new posting with opposite sign.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACE_S4118 - There is a periodic posting with date &1 posting cannot be done for &2 ?

  The SAP error message ACE_S4118 indicates that there is a periodic posting scheduled with a specific date, and the system is unable to process the posting for the specified period. This error typically arises in the context of financial accounting or controlling modules when dealing with periodic postings, such as accruals or deferrals.
  Cause:
  
  Date Conflict: The date specified in the error message (&1) may fall outside the allowed posting periods for the specified company code or controlling area (&2).
  Closed Periods: The posting period may be closed for the specified date, meaning that no further postings can be made for that period.
  Incorrect Configuration: There may be configuration issues in the financial settings that prevent postings from being made for certain periods.
  Authorization Issues: The user may not have the necessary authorizations to post in the specified period.
  
  Solution:
  
  Check Posting Periods: Verify the posting periods in the configuration settings (Transaction Code: OB52). Ensure that the period for the date specified in the error message is open for posting.
  Adjust Periodic Posting: If the periodic posting is scheduled for a closed period, consider adjusting the posting date or rescheduling the periodic posting to a valid open period.
  Review Configuration: Check the configuration settings for periodic postings to ensure they are set up correctly. This includes reviewing the fiscal year variant and the associated posting periods.
  User Authorizations: Ensure that the user attempting the posting has the necessary authorizations to post in the specified period. This can be checked with the security team or through transaction SU53.
  Consult Documentation: Refer to SAP documentation or help resources for further details on handling periodic postings and error messages.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To manage posting periods.
  F.14: To process periodic postings.
  F.01: To check financial statements and postings.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.