How To Fix CK014 - Error when converting the costing date --> posting period

CK014 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 014

• Message text: Error when converting the costing date --> posting period

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

The system cannot determine a posting period from the costing date.
&sys_admin&
If you have authorization for Customizing, correct the fiscal year
variant and the number of posting periods.

Error message extract from SAP system. Copyright SAP SE.

CK014 - Details

• The SAP error message CK014, which states "Error when converting the costing date --> posting period," typically occurs during the costing process in SAP, particularly when dealing with material valuation and cost estimates. This error indicates that there is an issue with the conversion of the costing date to the corresponding posting period, which can be caused by several factors.
  Causes of CK014 Error
  
  
  Invalid Costing Date: The costing date provided may not fall within an open posting period. If the costing date is set to a period that is closed for posting, the system will throw this error.
  
  
  Period Control Settings: The settings in the controlling area or company code may restrict the posting periods, leading to this error.
  
  
  Fiscal Year Variant Issues: If there are discrepancies in the fiscal year variant settings, it can lead to issues in determining the correct posting period.
  
  
  
  Configuration Issues: Incorrect configuration in the material master or costing