How To Fix CK556 - Release for posting period &1 &2 too late

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 556

• Message text: Release for posting period &1 &2 too late

What causes this issue?

You are attempting to release a standard cost estimate for posting
period &v1& of fiscal year &v2&. In the costing view of the material
master record, it can be seen that a standard cost estimate has been
marked for period &v3& of fiscal year &v4&. However, this period has
already been closed.

System Response

The standard cost estimate for posting period &v1& of fiscal year &v2&
is not released.

How to fix this error?

Create a standard cost estimate for posting period &v1& &v2&.
Mark this standard cost estimate for posting period &v1& &v2&.
Release this standard cost estimate for posting period &v1& &v2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK556 - Release for posting period &1 &2 too late ?

  The SAP error message CK556 "Release for posting period &1 &2 too late" typically occurs in the context of controlling (CO) and material management (MM) when trying to post a transaction that is outside the allowed posting period. This error indicates that the system is preventing the posting because the specified period is closed for posting.
  Cause:
  
  Closed Posting Period: The most common cause of this error is that the posting period you are trying to use has already been closed in the system. This can happen if the financial period has been closed for accounting purposes.
  Configuration Settings: The settings in the controlling area or company code may restrict postings to certain periods.
  Authorization Issues: Sometimes, users may not have the necessary authorizations to post in certain periods.
  
  Solution:
  
  
  Open the Posting Period:
  
  If you have the necessary authorization, you can open the posting period in the configuration settings. This is typically done in the transaction code OB52 for financial accounting or OKP1 for controlling.
  Navigate to the appropriate configuration and adjust the posting periods to allow postings for the required period.
  
  
  
  Check Configuration:
  
  Ensure that the controlling area settings allow postings for the desired period. You can check this in the configuration settings for controlling.
  
  
  
  Use a Different Period:
  
  If it is not possible to open the closed period, consider posting the transaction in an open period instead.
  
  
  
  Consult with Your SAP Administrator:
  
  If you do not have the necessary permissions to change the posting periods, consult with your SAP administrator or finance team to address the issue.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB52: Change Posting Periods
  OKP1: Maintain Control Parameters
  
  
  Authorization: Ensure that the user has the necessary authorizations to post in the desired periods.
  Documentation: Refer to SAP documentation or help files for more detailed information on managing posting periods and related configurations.
  
  Best Practices:
  
  Regularly review and manage posting periods to avoid disruptions in financial postings.
  Communicate with the finance team regarding the closing of periods to ensure that all necessary transactions are posted in a timely manner.
  Maintain a clear policy on how and when periods are closed to avoid confusion among users.
  
  By following these steps, you should be able to resolve the CK556 error and successfully post your transactions.