How To Fix F0018 - Posting period & & is not possible for company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: F0 - FI batch program messages

• Message number: 018

• Message text: Posting period & & is not possible for company code &

What causes this issue?

The posting period that was derived from the posting date is not open.

System Response

The immediate execution of the payment program to generate an update run
is not possible. You use a <DS:NA.FZ320>configurable message</> to
execute a payment proposal.

How to fix this error?

If the posting date is correct, you can schedule the payment program
nonetheless, but only for a later point in time. You then have to make
sure that the posting period is open at that point in time.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F0018 - Posting period & & is not possible for company code & ?

  The SAP error message F0018 indicates that a posting period is not open for the specified company code. This error typically occurs when you attempt to post a financial transaction in a period that has been closed or is not available for posting.
  Cause:
  
  Closed Posting Period: The posting period you are trying to use has been closed in the system.
  Period Locking: The period may be locked for certain types of transactions (e.g., financial accounting).
  Configuration Settings: The configuration settings for the posting periods may not allow postings in the specified period for the company code.
  
  Solution:
  To resolve the F0018 error, you can take the following steps:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (Change View "Posting Periods": Overview).
  Verify if the posting period you are trying to use is open for the relevant company code. If it is closed, you may need to open it.
  
  
  
  Open the Posting Period:
  
  If you have the necessary authorization, you can open the posting period by adjusting the settings in OB52. Make sure to set the appropriate date range for the periods you want to allow postings.
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code settings allow postings in the desired period. This can be checked in the configuration settings for financial accounting.
  
  
  
  Consult with Your Finance Team:
  
  If you do not have the necessary permissions to change the posting periods, consult with your finance or SAP administration team to make the required adjustments.
  
  
  
  Review Transaction Type:
  
  Ensure that the type of transaction you are trying to post is allowed in the specified period. Some transactions may have specific restrictions.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To manage posting periods.
  FB01: To post a financial document.
  FBL1N: To display vendor line items (if applicable).
  
  
  
  Authorization: Ensure that you have the necessary authorizations to change posting periods or to post transactions.
  
  
  Documentation: Refer to SAP documentation or your organization's SAP guidelines for more detailed procedures on managing posting periods.
  
  
  By following these steps, you should be able to resolve the F0018 error and successfully post your transactions.