How To Fix CK557 - Release for posting period &1 &2 too early

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 557

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

What causes this issue?

You are attempting to release a standard cost estimate for posting
period &v1& of fiscal year &v2&. However, the system has determined
that a standard cost estimate has been marked for posting period &v3&
&v4& in the material master (costing view). This period has not yet
been reached.

System Response

The standard cost estimate is not released.

How to fix this error?

You have two options:
Wait until posting period &v3& of fiscal year &v4& to release the
standard cost estimate.
Create a new standard cost estimate for posting period &v1& &v2&, mark
this cost estimate for period &v1& &v2&, and release it.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CK557 - Release for posting period &1 &2 too early ?

  The SAP error message CK557, which states "Release for posting period &1 &2 too early," typically occurs in the context of controlling (CO) and material management (MM) when trying to post a transaction in a period that is not yet open for posting. This can happen in various scenarios, such as during the closing of a financial period or when trying to post costs or inventory movements.
  Cause:
  
  Closed Posting Period: The posting period you are trying to use is closed in the system. This means that the financial or controlling periods have been set to prevent postings in that timeframe.
  Configuration Settings: The settings in the controlling area or company code may restrict postings to certain periods.
  User Authorization: The user may not have the necessary authorizations to post in the specified period.
  
  Solution:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (for financial accounting) or OKP1 (for controlling) to check the open and closed posting periods.
  Ensure that the period you are trying to post to is open. If it is closed, you may need to open it for posting.
  
  
  
  Adjust Configuration:
  
  If you have the necessary permissions, you can adjust the configuration to allow postings in the desired period. This may involve changing the settings in the controlling area or company code.
  
  
  
  Consult with Finance Team:
  
  If you do not have the necessary permissions to change the posting periods, consult with your finance or controlling team. They can provide guidance on whether it is appropriate to open the period for posting.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the correct authorizations to post in the specified period. This may involve checking roles and authorizations assigned to the user.
  
  
  
  Use Correct Transaction Codes:
  
  Make sure you are using the correct transaction codes for the type of posting you are trying to perform. Different transaction codes may have different rules regarding posting periods.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (for managing posting periods), CK11N (for cost estimates), and others related to your specific posting needs.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or fixes provided by SAP.
  Documentation: Review SAP documentation related to financial and controlling periods to understand how they are managed within your organization.
  
  By following these steps, you should be able to resolve the CK557 error and successfully post your transactions.