How To Fix FR305 - Bal.carr.forward exists until &; update possible as from &

FR305 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 305

• Message text: Bal.carr.forward exists until &; update possible as from &

What causes this issue?

The lower limit of the posting date interval is too old. A run going up
to a later date has already been executed for the given company code.
An update of the dicument journal is only possible starting from this
later 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?

The system automatically adapts the lower limit of the posting date
interval to the earliest possible time. This may necessitate an
adjustment of the upper limit.

Error message extract from SAP system. Copyright SAP SE.

FR305 - Details

• The SAP error message FR305 indicates that there is a balance carried forward (Bal.carr.forward) that exists until a certain date, and updates to the financial data are only possible from a specified date onward. This message typically arises in the context of financial closing processes, particularly in the area of Financial Accounting (FI) and Controlling (CO).
  
  Cause:
  
  Balance Carry Forward: The error occurs when there are balances that have been carried forward from a previous fiscal year or period, and the system is preventing updates to the financial data until the carry forward process is completed.
  Period Locking: The period in which you are trying to post transactions may be locked or closed, which means that no further postings can be made until the next open period.
  
  Configuration Issues: There may be configuration settings in the financial module that restrict postings to certain periods.
  
  
  Solution:
  
  Check the Carry Forward Process: Ensure that the balance carry forward