How To Fix BK113 - Posting date is not within fiscal year &

SAP Error Message - Details

• Message type: E = Error

• Message class: BK - Create, Display, Reverse Controlling Document

• Message number: 113

• Message text: Posting date is not within fiscal year &

What causes this issue?

The posting date entered is not in fiscal year &V1&, the original year
of posting for the document to be reposted or reversed.

System Response

The fiscal year derived automatically from the posting date must be the
same as the fiscal year of the document.

How to fix this error?

Enter a posting date in fiscal year &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BK113 - Posting date is not within fiscal year & ?

  The SAP error message BK113 ("Posting date is not within fiscal year") typically occurs when you attempt to post a financial transaction with a posting date that falls outside the defined fiscal year in the system. This can happen in various modules, such as Financial Accounting (FI) or Controlling (CO).
  Cause:
  
  Posting Date Issue: The posting date you are trying to use is either before the start of the fiscal year or after the end of the fiscal year.
  Fiscal Year Variant: The fiscal year variant assigned to the company code may not align with the posting date.
  Period Closing: The fiscal period may be closed, preventing postings in that period.
  Configuration Issues: There may be configuration settings in the financial settings that restrict postings to certain periods.
  
  Solution:
  
  Check Posting Date: Verify the posting date you are using. Ensure it falls within the range of the current fiscal year.
  Review Fiscal Year Variant: Check the fiscal year variant assigned to your company code. You can do this by navigating to:
  
  Transaction Code: OB29 (for fiscal year variant configuration)
  Ensure that the fiscal year variant is correctly set up and that the posting date is valid.
  
  
  Open Periods: Check if the period you are trying to post to is open. You can do this by:
  
  Transaction Code: OB52 (for period control)
  Ensure that the period is open for posting.
  
  
  Adjust Posting Date: If the posting date is incorrect, adjust it to a valid date within the fiscal year.
  Consult with Finance Team: If you are unsure about the fiscal year settings or need to make changes, consult with your finance or accounting team to ensure compliance with financial policies.
  
  Related Information:
  
  Fiscal Year Configuration: Understanding how fiscal years are configured in SAP is crucial. This includes knowing how to set up fiscal year variants and how they affect postings.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB29: Define fiscal year variant
  OB52: Open and close posting periods
  FB01: General posting transaction
  
  
  SAP Documentation: Refer to SAP Help documentation for detailed information on fiscal year settings and error messages.
  
  By following these steps, you should be able to resolve the BK113 error and successfully post your transaction.