How To Fix FINS_FI_CLS709 - Migration for selected period not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_CLS - Messages used for the impairments and FXs

• Message number: 709

• Message text: Migration for selected period not possible

What causes this issue?

You are not allowed to migrate to the advanced valuation run for company
&V1& and ledger &V2& in period &V3& because the valuation postings have
already been processed in the same period by old valuation runs.

System Response

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

How to fix this error?

Please use the next period to migrate to advanced valuation runs where
no old valuation runs have been executed.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_CLS709 - Migration for selected period not possible ?

  The SAP error message FINS_FI_CLS709 indicates that a migration for the selected period is not possible. This error typically occurs during the financial closing process or when attempting to perform a migration in the SAP system, particularly in the context of financial accounting (FI) or controlling (CO).
  Causes:
  
  Open Periods: The selected period may have open postings or transactions that prevent the migration from being completed.
  Configuration Issues: There may be configuration settings in the financial module that are not aligned with the migration process.
  Data Inconsistencies: There could be inconsistencies in the data that need to be resolved before migration can proceed.
  Authorization Issues: The user may not have the necessary authorizations to perform the migration for the selected period.
  System Settings: Certain system settings or parameters may restrict migrations for specific periods.
  
  Solutions:
  
  Check Open Periods: Verify if there are any open periods in the financial accounting settings. If there are open postings, you may need to close them or wait until they are processed.
  Review Configuration: Ensure that the configuration settings for the financial module are correctly set up for the migration process. This includes checking the fiscal year variant and period settings.
  Data Consistency Check: Run data consistency checks to identify and resolve any inconsistencies in the financial data that may be causing the issue.
  User Authorizations: Confirm that the user attempting the migration has the necessary authorizations to perform the action. If not, consult with your SAP security team to obtain the required permissions.
  Consult SAP Notes: Check for any relevant SAP Notes or documentation that may provide additional insights or solutions related to this error message.
  Contact SAP Support: If the issue persists after trying the above solutions, consider reaching out to SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (to manage posting periods) and FBL1N (to review vendor line items) that may help in troubleshooting.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they found effective.
  Documentation: Review SAP documentation related to financial closing and migration processes for best practices and guidelines.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.