How To Fix G4807 - No billable postings in closed JV periods: RI=& Costelement=&

G4807 - Overview

• Message type: E = Error

• Message class: G4 - EC-CS Consolidation

• Message number: 807

• Message text: No billable postings in closed JV periods: RI=& Costelement=&

What causes this issue?

The current program runs for at least one period, where Joint venture
is NOT active.
Postings are only allowed for nonbillable items.
However, the system detected an entry with billable recovery indicator
'&V1&' on costelement '&V2&'.
The participating objects are:
'&V3&'
and
'&V4&'.

System Response

No posting was performed

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.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G4807 - No billable postings in closed JV periods: RI=& Costelement=& ?

  The SAP error message G4807 ("No billable postings in closed JV periods: RI=& Costelement=&") typically occurs in the context of Joint Venture (JV) accounting when you attempt to post a billable transaction in a period that has already been closed for joint venture accounting. This error indicates that the system cannot find any billable postings for the specified cost element in the closed periods.
  
  Cause:
  
  Closed Periods: The primary cause of this error is that the period you are trying to post to has been closed for joint venture accounting. In SAP, once a period is closed, no further postings can be made to that period.
  Cost Element: The specific cost element mentioned in the error message may not have any billable postings in the closed periods.
  Incorrect Posting: You may be trying to post a transaction that is not valid for the specified cost element or joint venture.
  
  
  Solution:
  
  
  Check Period Status: Verify the status