How To Fix IF108 - Posting period &1 in fiscal year &2 is not valid

SAP Error Message - Details

• Message type: E = Error

• Message class: IF - Messages re interest accounting in PS/CO/IM

• Message number: 108

• Message text: Posting period &1 in fiscal year &2 is not valid

What causes this issue?

You specified an invalid posting period.

System Response

Processing stopped

How to fix this error?

Check your input.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IF108 - Posting period &1 in fiscal year &2 is not valid ?

  The SAP error message IF108 "Posting period &1 in fiscal year &2 is not valid" typically occurs when a user attempts to post a transaction in a period that is either closed or not open for posting in the specified fiscal year. This can happen in various modules, including Financial Accounting (FI) and Controlling (CO).
  Cause:
  
  Closed Posting Period: The posting period you are trying to use has been closed for the fiscal year. This is often done at the end of a financial period to prevent further postings.
  Incorrect Configuration: The posting periods may not be correctly configured in the system for the fiscal year in question.
  User Authorization: The user may not have the necessary authorizations to post in the specified period.
  Period Locking: The period may be locked for certain types of transactions or for specific users.
  
  Solution:
  
  
  Check Posting Period Status:
  
  Go to the transaction code OB52 (Change View "Posting Periods": Overview).
  Verify if the posting period you are trying to use is open for the relevant company code and fiscal year.
  
  
  
  Open the Posting Period:
  
  If the period is closed and you need to post in it, you can open it by adjusting the settings in OB52. Ensure that you have the necessary authorizations to make this change.
  
  
  
  Review Configuration:
  
  Ensure that the fiscal year variant is correctly configured and that the posting periods are set up as intended.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to post in the specified period. This can be checked in the user roles and profiles.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about opening a closed period, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To check and change posting periods.
  FBL1N/FBL3N/FBL5N: To view line items for vendors, G/L accounts, and customers, respectively.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to posting periods.
  
  
  Documentation: Review SAP documentation regarding fiscal year and posting period management for more detailed guidance.
  
  
  By following these steps, you should be able to resolve the IF108 error and successfully post your transactions.