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

SAP Error Message - Details

• 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 to use is open for the relevant fiscal year version.
  
  
  
  Define Posting Periods:
  
  If the posting period is not defined, you will need to define it. In the same transaction (OB52), you can add the necessary periods for the fiscal year version.
  Ensure that the periods are set correctly for the fiscal year and that they align with your business requirements.
  
  
  
  Check Fiscal Year Version:
  
  Go to the transaction code OB29 to check the configuration of the fiscal year version.
  Ensure that the fiscal year version you are using is correctly set up and that it includes the necessary periods.
  
  
  
  Consult with Your SAP Administrator:
  
  If you do not have the necessary permissions to make changes, consult with your SAP administrator or the person responsible for SAP configuration in your organization.
  
  
  
  Review Transaction Details:
  
  Double-check the transaction you are trying to post to ensure that you are using the correct fiscal year version and posting period.
  
  
  
  Related Information:
  
  Fiscal Year Version: This defines how the fiscal year is structured in terms of periods (months, quarters, etc.) and is crucial for financial reporting.
  Posting Periods: These are specific time frames during which financial transactions can be recorded in the system.
  SAP Documentation: Refer to SAP Help documentation for more detailed information on configuring fiscal year versions and posting periods.
  
  By following these steps, you should be able to resolve the KA199 error and successfully post your transactions.