How To Fix FITVPS005 - Period status does not allow accounting

FITVPS005 - Overview

• Message type: E = Error

• Message class: FITVPS -

• Message number: 005

• Message text: Period status does not allow accounting

What causes this issue?

You can only settle separation allowances that have the status
<LS>Request Approved/ To be Settled</> or <LS>Trip Approved/To Be
Settled</>.

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?

Approve the separation allowance periods.

Error message extract from SAP system. Copyright SAP SE.

FITVPS005 - Details

• The SAP error message FITVPS005, which states "Period status does not allow accounting," typically occurs when you attempt to post a financial transaction in a period that is either closed or not open for posting. This can happen in various modules, including Financial Accounting (FI) and Controlling (CO).
  
  Cause:
  
  Period Closing: The financial period you are trying to post to has been closed. This is often done at the end of a month or year to prevent further postings.
  Period Status: The status of the period in the system is set to "not open" for accounting entries. This can be due to configuration settings in the financial settings.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to post in the specified period.
  Posting Period Variant: The posting period variant assigned to the company code may restrict postings to certain periods.
  
  
  Solution:
  
  
  Check Period Status:
  
  Go to the transaction code OB52 (Change View "Open and Close