How To Fix KA147 - Check posting period & &

SAP Error Message - Details

• Message type: E = Error

• Message class: KA - CO Overhead Costs: Overhead, Accrual Calculation

• Message number: 147

• Message text: Check posting period & &

What causes this issue?

The accounting period &V1& &V2&, which you have entered, is not valid.
Fiscal year variant &V3& is assigned to the controlling area. The
period specified is not valid in this fiscal year variant.

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?

Enter a valid posting period. You can find the fiscal year variant for
your controlling area in the customizing for your controlling area.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KA147 - Check posting period & & ?

  The SAP error message KA147 "Check posting period & &" typically occurs in the context of controlling (CO) when you are trying to post a transaction that is outside the allowed posting period for a particular controlling area or cost center. This error is a safeguard to ensure that financial data is only posted within the defined accounting periods, which helps maintain the integrity of financial reporting.
  Cause:
  
  Closed Posting Period: The posting period for the controlling area or cost center is closed, meaning that no further postings can be made for that period.
  Incorrect Date: The date of the transaction you are trying to post falls outside the open posting periods defined in the system.
  Configuration Issues: There may be configuration settings in the controlling area or company code that restrict postings to certain periods.
  
  Solution:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (for financial accounting) or OKP1 (for controlling) to check the open and closed posting periods.
  Ensure that the posting period you are trying to use is open for the relevant controlling area.
  
  
  
  Adjust Posting Date:
  
  If the posting date of your transaction is incorrect, adjust it to fall within the open posting periods.
  
  
  
  Change Configuration:
  
  If necessary, you can change the configuration to open the posting period for the relevant controlling area. This should be done with caution and typically requires authorization.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about changing posting periods or if it is necessary to keep them closed for compliance reasons, consult with your finance or accounting team.
  
  
  
  Transaction Type:
  
  Ensure that the transaction type you are trying to post is allowed for the specified period.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To maintain the posting periods for financial accounting.
  OKP1: To maintain the posting periods for controlling.
  
  
  
  User Authorizations: Ensure that you have the necessary authorizations to view and change posting periods.
  
  
  Documentation: Refer to SAP documentation or help files for more detailed information on managing posting periods and the implications of changing them.
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to this error message.
  
  
  By following these steps, you should be able to resolve the KA147 error and successfully post your transaction.