How To Fix FMKU023 - Period &1 does not correspond to the posting date entered

SAP Error Message - Details

• Message type: E = Error

• Message class: FMKU - FM budgeting, kernel utilities

• Message number: 023

• Message text: Period &1 does not correspond to the posting date entered

What causes this issue?

The system automatically determines the period from the posting date
entered. However, the period you have entered, &V1&, is different from
the posting date.

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?

Either do not enter a period or enter the period that corresponds to the
posting date.

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 FMKU023 - Period &1 does not correspond to the posting date entered ?

  The SAP error message FMKU023 ("Period &1 does not correspond to the posting date entered") typically occurs in the context of the Funds Management (FM) module when there is a mismatch between the posting date and the fiscal period defined in the system. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Posting Date Mismatch: The posting date you are trying to use does not fall within the fiscal period that is currently open for posting. Each fiscal year is divided into periods, and if the period is closed, you cannot post transactions for that period.
  Fiscal Year Variant Settings: The fiscal year variant settings may not align with the posting date you are using. This can happen if the fiscal year variant is not properly configured or if the periods are not correctly defined.
  Document Type Restrictions: Certain document types may have restrictions on which periods they can post to, based on configuration settings.
  
  Solution:
  
  Check the Posting Date: Verify the posting date you are using. Ensure that it falls within an open fiscal period. You can do this by checking the period status in the transaction code OB52 (for general ledger) or FMAVCR01 (for funds management).
  Open the Period: If the period is closed and you need to post to it, you can open the period using transaction code OB52. However, be cautious with this approach, as it may affect other users and transactions.
  Adjust the Posting Date: If the posting date is incorrect, adjust it to a date that falls within an open period.
  Review Fiscal Year Variant: Check the fiscal year variant settings in transaction code OB29 to ensure that the periods are correctly defined and that the fiscal year variant is properly assigned to the company code.
  Consult with Configuration Team: If you are unsure about making changes to the period status or fiscal year variant, consult with your SAP configuration team or a financial consultant to ensure compliance with your organization’s policies.
  
  Related Information:
  
  Transaction Codes:
  
  OB52: Change Posting Periods
  OB29: Maintain Fiscal Year Variant
  FMAVCR01: Display Funds Management Document
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  Documentation: Review SAP documentation on Funds Management and posting periods for a deeper understanding of how periods are managed in the system.
  
  By following these steps, you should be able to resolve the FMKU023 error and successfully post your transaction.