How To Fix BK246 - Valuation period &1 is not valid

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 246

• Message text: Valuation period &1 is not valid

What causes this issue?

You entered period &v1& as the valuation period.

System Response

Special periods cannot be used for valuation.

How to fix this error?

Check your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BK246 - Valuation period &1 is not valid ?

  The SAP error message BK246, which states "Valuation period &1 is not valid," typically occurs in the context of financial accounting and controlling when there is an issue with the valuation period specified in a transaction or report. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Invalid Valuation Period: The valuation period specified in the transaction does not exist in the system. This could be due to a typo, or the period may not have been created or activated in the system.
  Period Closing: The valuation period may have been closed for posting, meaning that no further transactions can be recorded for that period.
  Configuration Issues: There may be configuration settings in the controlling or financial accounting modules that are not aligned with the periods defined in the system.
  Date Mismatch: The date of the transaction may not fall within the defined valuation periods.
  
  Solution:
  
  Check Valuation Period: Verify the valuation period specified in the transaction. Ensure that it is correctly entered and exists in the system.
  Open Periods: If the period is closed, you may need to open it for posting. This can typically be done by a user with the appropriate authorization in the financial closing settings.
  Configuration Review: Review the configuration settings in the controlling (CO) and financial accounting (FI) modules to ensure that the valuation periods are set up correctly.
  Transaction Date: Ensure that the date of the transaction falls within an open valuation period. If necessary, adjust the transaction date or create a new valuation period that includes the transaction date.
  Consult Documentation: Refer to SAP documentation or help resources for specific steps on how to manage valuation periods in your version of SAP.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB52 (for maintaining posting periods) or OKEQ (for controlling area settings) to manage periods.
  User Roles: Ensure that the user attempting the transaction has the necessary roles and permissions to access and modify valuation periods.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message or provide patches and updates.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the BK246 error and implement a solution to resolve it.