How To Fix CK341 - Releasing has not yet been allowed for posting period &2 &3

CK341 - Overview

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 341

• Message text: Releasing has not yet been allowed for posting period &2 &3

What causes this issue?

You are attempting to <DS:GLOS.release>release</> a standard cost
estimate for the period &v2& of fiscal year &v3&, but authorization for
release has not yet been given.

System Response

The standard cost estimate is not released.

How to fix this error?

In the Product Cost Planning menu, choose <LS>Material costing ->
Organizational Measures -> Allow Release</> and allow the release for
company code &v1& of period &v2& of fiscal year &v3&.

Error message extract from SAP system. Copyright SAP SE.

CK341 - Details

• The SAP error message CK341, which states "Releasing has not yet been allowed for posting period &2 &3," typically occurs in the context of controlling (CO) and material management (MM) when trying to release a cost estimate or perform a related action in a period that has not been opened for posting.
  
  Cause:
  
  Closed Posting Period: The most common cause of this error is that the posting period for the specified month and year (represented by &2 and &3 in the error message) is closed. In SAP, each fiscal year is divided into posting periods, and if a period is closed, no transactions can be posted to it.
  Configuration Settings: The configuration settings in the controlling module may restrict the release of cost estimates or other related activities for certain periods.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to perform actions in a closed period.
  
  
  Solution:
  
  
  Open the Posting Period:
  
  Navigate to the