How To Fix G01522 - Period &1/&2 is closed for the Cons units &3 and &4

SAP Error Message - Details

• Message type: E = Error

• Message class: G01 - SAP Consolidation

• Message number: 522

• Message text: Period &1/&2 is closed for the Cons units &3 and &4

What causes this issue?

Period &V1&/&V2& was already closed for the consolidation units &V3&
and &V4&. The execution of tasks (in the update run) or the unlocking
of tasks is not possible for this reason.

System Response

Error message.

How to fix this error?

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

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 G01522 - Period &1/&2 is closed for the Cons units &3 and &4 ?

  The SAP error message G01522 indicates that a specific period is closed for the consumption units involved in a transaction. This typically occurs in the context of inventory management, cost accounting, or financial accounting when trying to post transactions for a period that has already been closed.
  Cause:
  
  Closed Period: The primary cause of this error is that the specified period (month/year) is closed in the system, meaning no further postings can be made for that period.
  Configuration Settings: The settings in the controlling area or company code may restrict postings to closed periods.
  Transaction Type: The type of transaction being attempted may not be allowed in a closed period.
  
  Solution:
  
  Check Period Status: Verify the status of the period in question. You can do this by navigating to the relevant transaction in SAP (e.g., transaction code OB52 for controlling periods) to see if the period is indeed closed.
  Open the Period: If necessary and appropriate, you can open the period for posting. This typically requires authorization and should be done with caution, as it can affect financial reporting.
  Post in an Open Period: If the period cannot be opened, consider posting the transaction in the next open period.
  Consult with Finance Team: If you are unsure about the implications of opening a closed period, consult with your finance or controlling team to ensure compliance with accounting policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To manage the posting periods for financial accounting.
  CKM3N: To check the consumption units and their status.
  
  
  Authorization: Ensure you have the necessary permissions to change period statuses.
  Documentation: Review SAP documentation or internal guidelines regarding period closing and posting rules to understand the implications of your actions.
  
  Best Practices:
  
  Regularly review and communicate with your finance team about period closing schedules to avoid such errors.
  Implement a process for handling exceptions when transactions need to be posted in closed periods, ensuring compliance with accounting standards.
  
  By following these steps, you should be able to resolve the G01522 error and understand the implications of posting in closed periods.