How To Fix J2740 - &4 Costing for transaction &2 &3 is no longer possible

J2740 - Overview

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 740

• Message text: &4 Costing for transaction &2 &3 is no longer possible

What causes this issue?

The current cash flow or financial object for the loan has been selected
for archiving. This means you are no longer able to cost in an update
run or generate another cash flow. You can, however, cost in a test run.

System Response

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

J2740 - Details

• The SAP error message J2740, which states "Costing for transaction &2 &3 is no longer possible," typically occurs in the context of cost accounting and product costing within SAP. This error can arise due to various reasons, and understanding the cause is essential for finding a solution.
  Causes:
  
  
  Closed Periods: The most common reason for this error is that the accounting period for the transaction has been closed. If the period is closed, no further costing or adjustments can be made for that period.
  
  
  Transaction Type Restrictions: Certain transaction types may have restrictions on costing based on the configuration in the system. If the transaction type is not allowed for costing, this error may occur.
  
  
  Missing Master Data: If the necessary master data (like material master, cost center, etc.) is not maintained or is incomplete, it can lead to this error.
  
  
  Costing Variant Issues: The costing variant used for the transaction may not be configured