How To Fix KA199 - Posting period &1/&2 not defined for fiscal year version &3

KA199 - Overview

• Message type: E = Error

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

• Message number: 199

• Message text: Posting period &1/&2 not defined for fiscal year version &3

What causes this issue?

Data is stored internally with a "Valid to" date. The calculation of
imputed costs is a periodic function and, as such, accesses the data
via a particular key date.
This key date is
the first day of the accounting period for planned values,
the last day of the accounting period for actual values.
During maintenance, the "Valid to" date is determined and the data is
stored internally using the last day of the accounting period as the
key date.
The system has tried to determine a posting date for period &V1, fiscal
year &V2& in fiscal year version &V3&, however, this period is not
defined for this version.

System Response

The "Valid to" date has been set to 31.12.&V2&.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KA199 - Posting period &1/&2 not defined for fiscal year version &3 ?

  The SAP error message KA199 indicates that there is an issue with the posting period configuration for a specific fiscal year version. This error typically arises when you attempt to post a transaction in a period that has not been defined in the system for the specified fiscal year version.
  
  Cause:
  
  Undefined Posting Period: The posting period you are trying to use is not defined for the fiscal year version you are working with.
  Fiscal Year Version Configuration: The fiscal year version may not have the necessary periods set up in the configuration.
  Incorrect Period Selection: The period you are trying to post to may be closed or not open for posting.
  
  
  Solution:
  To resolve the KA199 error, you can follow these steps:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (or use the menu path: Financial Accounting > General Ledger > Periodic Processing > Open and Close Posting Periods).
  Verify that the posting period you are trying