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

SAP Error Message - Details

• 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 of the accounting periods in the JV module. If the period is closed, you will need to either:
  
  Reopen the period (if your business processes allow for it).
  Post the transaction in an open period.
  
  
  
  Review Cost Element: Ensure that the cost element you are trying to post to is correctly set up for billable postings. Check if there are any restrictions or configurations that prevent postings to this cost element.
  
  
  Adjust Posting Date: If possible, change the posting date to a period that is open for joint venture accounting.
  
  
  Consult Documentation: Review the SAP documentation or your organization's internal guidelines regarding joint venture accounting to ensure compliance with posting rules.
  
  
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in joint venture accounting.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CJ20N (Project Builder), CJI3 (Project Actual Line Items), and S_ALR_87013558 (Joint Venture Reports) to analyze postings and periods.
  Configuration Settings: Review the configuration settings for Joint Venture Accounting in the SAP system, particularly those related to period closing and billable postings.
  User Authorizations: Ensure that you have the necessary authorizations to post transactions in the JV module.
  
  By following these steps, you should be able to address the G4807 error and successfully manage your joint venture accounting postings.