How To Fix K5033 - Period &1 is locked for company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: K5 - CO Reconciliation Ledger

• Message number: 033

• Message text: Period &1 is locked for company code &2

What causes this issue?

Company code &V2& is locked for period &V1&.

How to fix this error?

You can continue processing by choosing "Enter".
Continuing processing may cause FI error messages if CO cost flows are
logged for company code &V2& in the reconciliation ledger that are
cross-company code, cross-business area or cross-functional area flows
and are therefore reported to FI during reconciliation posting.
These error messages have no influence on the reconciliation posting of
cost flows that affect other company codes.
If you want to carry out the reconciliation posting also for company
code &V2&, you have to re-open period &V1& for company code &V2&.
To do this, you can either enter a period interval containing the
desired periods for the variant of posting period &V3& and account type
&V4&
<DS:TRAN.OB52>Execute</>
Or assign a suitable variant to company code &V2&.
<DS:TRAN.OBBP>Execute</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K5033 - Period &1 is locked for company code &2 ?

  The SAP error message K5033 indicates that a specific period is locked for a particular company code. This typically occurs when you attempt to post a transaction in a period that has been closed or locked for posting. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Period Locking: The financial period (month, quarter, or year) for the specified company code has been closed or locked. This is often done to prevent any further postings in that period to ensure the integrity of financial reporting.
  Configuration Settings: The period may be locked due to configuration settings in the financial module (FI) or controlling module (CO).
  User Authorizations: The user may not have the necessary authorizations to post in the locked period.
  
  
  Solution:
  
  
  Check Period Status:
  
  Go to the transaction code OB52 (Change View "Posting Periods": Overview).
  Check the status of the posting periods for the relevant company code. Ensure that the period you are trying