How To Fix GP858 - Maximum allowable posting period exceeded (see long text)

SAP Error Message - Details

• Message type: E = Error

• Message class: GP - FI-SL and CO planning

• Message number: 858

• Message text: Maximum allowable posting period exceeded (see long text)

What causes this issue?

You transferred version parameter &V2& to function module &V1&.
The latest posting period you transferred is &V3&.
For the above version parameter, the latest permitted posting period is
&V4&.

System Response

The system terminates processing.

How to fix this error?

When you callup the function module &V1&, take care that you do not
exceed the latest permitted posting period.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GP858 - Maximum allowable posting period exceeded (see long text) ?

  The SAP error message GP858, "Maximum allowable posting period exceeded," typically occurs when a user attempts to post a transaction in a period that is beyond the defined maximum allowable posting period in the system. This is a common issue in financial and controlling modules where strict period controls are enforced to ensure accurate financial reporting and compliance.
  Cause:
  
  Posting Period Configuration: The maximum allowable posting period has been set in the system configuration, and the transaction being posted falls outside this range.
  Period Locking: The posting period may be closed or locked for certain types of transactions, preventing any postings in that period.
  User Authorization: The user may not have the necessary authorization to post in the specified period.
  
  Solution:
  
  
  Check Posting Period Settings:
  
  Navigate to the configuration settings in SAP (usually through transaction code OB52).
  Review the settings for the posting periods and ensure that the period you are trying to post to is open and within the allowable range.
  
  
  
  Adjust Posting Period:
  
  If necessary, you can extend the maximum allowable posting period by modifying the settings in OB52. However, this should be done with caution and in accordance with your organization's financial policies.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about changing the posting period settings, consult with your finance or accounting team to ensure that any changes align with financial reporting requirements.
  
  
  
  Check User Authorizations:
  
  Ensure that the user attempting to post has the appropriate authorizations to post in the desired period. This can be checked in the user roles and authorizations.
  
  
  
  Use Alternative Posting Methods:
  
  If the period is closed for regular postings, consider using special transactions or adjustments that may be allowed in closed periods, if applicable.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB52 - To manage posting periods.
  FB01 - To post financial documents.
  FBL1N, FBL3N, FBL5N - To view line items for vendors, G/L accounts, and customers respectively.
  
  
  
  Documentation: 
  
  Refer to SAP Help documentation for detailed information on posting periods and financial closing processes.
  
  
  
  Best Practices:
  
  Regularly review and manage posting periods to ensure they align with business processes and reporting requirements.
  Communicate with all relevant stakeholders when making changes to posting period settings to avoid confusion and errors.
  
  
  
  By following these steps, you should be able to resolve the GP858 error and successfully post your transactions within the allowed periods.