How To Fix FISA_LOC160 - Invoice not processed; period closed

SAP Error Message - Details

• Message type: E = Error

• Message class: FISA_LOC - FI Localization for KSA

• Message number: 160

• Message text: Invoice not processed; period closed

What causes this issue?

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

System Response

How to fix this error?

Execute transaction FIAPSA_V_BL_EXPORD to change the setting.

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 FISA_LOC160 - Invoice not processed; period closed ?

  The SAP error message FISA_LOC160 indicates that an invoice cannot be processed because the accounting period is closed. This typically occurs in financial modules where transactions are restricted to specific periods for reporting and auditing purposes.
  Cause:
  
  Closed Accounting Period: The most common reason for this error is that the accounting period for the invoice date has been closed. In SAP, once a period is closed, no further postings can be made to that period.
  Configuration Settings: The system settings may restrict postings to certain periods based on company policies or regulatory requirements.
  Incorrect Invoice Date: The invoice date may fall into a closed period, leading to this error.
  
  Solution:
  
  
  Check Period Status:
  
  Navigate to the transaction code OB52 (or use the appropriate path in your SAP GUI) to check the status of the accounting periods.
  Ensure that the period for the invoice date is open for posting.
  
  
  
  Open the Period:
  
  If you have the necessary authorization, you can open the closed period temporarily to allow the invoice to be processed. This should be done with caution and in accordance with your organization's policies.
  Alternatively, consult with your finance team or SAP administrator to see if they can open the period for you.
  
  
  
  Adjust Invoice Date:
  
  If the invoice date is incorrect, consider adjusting the invoice date to a period that is open for posting.
  
  
  
  Use a Different Posting Method:
  
  If applicable, consider using a different transaction or method that allows for posting in a closed period, if your organization permits such actions.
  
  
  
  Consult Documentation:
  
  Review your organization's internal documentation or SAP help resources for specific procedures related to handling closed periods.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB60 (Enter Incoming Invoice), FB70 (Enter Outgoing Invoice), and OB52 (Maintain Posting Periods).
  User Roles and Authorizations: Ensure that you have the necessary permissions to view and modify posting periods.
  Audit and Compliance: Be aware of the implications of opening closed periods, as this can affect financial reporting and compliance with accounting standards.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a financial consultant who specializes in SAP systems.