How To Fix FINS_ML_UI004 - Posting period & & is not open for company code &.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_UI - Material Ledger: UI related error messages

• Message number: 004

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

What causes this issue?

Period of fiscal year is not open in this company code for posting for
the variant of posting period.

System Response

You can't continue processing.

How to fix this error?

The error can have several causes. To correct the error, please proceed
as follows:
1. Check whether the posting date was entered correctly. The system
determines the posting period from the date.
2. Check whether the required posting period is open for posting for the
variant of posting period and account type . Make sure that the period
is open for posting.
To do this, specify a period interval in which the required period for
the variant of posting period and account type is contained.
You make these settings in Customizing of Financial Accounting under
Financial Accounting Global Settings -> Ledgers -> Fiscal Year and
Posting Periods - > Posting Periods -> Open and Close Posting Periods.

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_ML_UI004 - Posting period & & is not open for company code &. ?

  The SAP error message FINS_ML_UI004 indicates that the posting period for a specific company code is not open. This error typically occurs when you attempt to post a financial transaction in a period that has not been opened for posting in the system.
  
  Cause:
  
  Closed Posting Period: The most common cause is that the posting period you are trying to use is closed. In SAP, posting periods are defined in the configuration, and they can be closed for various reasons, such as month-end or year-end closing activities.
  Incorrect Company Code: The error may also occur if you are trying to post to a company code that is not set up correctly or does not have the desired posting period open.
  
  Configuration Issues: There may be issues with the configuration settings for the fiscal year variant or the posting periods.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Posting Periods:
  
  Go to the transaction code