How To Fix KM337 - Period &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 337

• Message text: Period &1 does not exist

What causes this issue?

Period &V1& does not exist in fiscal year variant &V2&.

How to fix this error?

Enter a valid period.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM337 - Period &1 does not exist ?

  The SAP error message KM337 "Period &1 does not exist" typically occurs in the context of SAP Controlling (CO) or other modules that involve period management, such as Financial Accounting (FI) or Material Management (MM). This error indicates that the system is unable to find the specified period in the relevant period control settings.
  Cause:
  
  Period Not Open: The specified period (e.g., month, quarter) is not open for posting. This can happen if the period has been closed in the system.
  Incorrect Period Specification: The period specified in the transaction or report may be incorrect or not formatted properly.
  Fiscal Year Variant Issues: The fiscal year variant may not be set up correctly, or the period may not exist in the defined fiscal year.
  Configuration Issues: There may be configuration issues in the controlling area or company code settings that prevent the period from being recognized.
  
  Solution:
  
  
  Check Period Status:
  
  Go to the transaction code OB52 (for FI) or OKP1 (for CO) to check the status of the periods. Ensure that the period you are trying to access is open for posting.
  If the period is closed, you may need to open it again if allowed by your organization's policies.
  
  
  
  Verify Fiscal Year Variant:
  
  Check the fiscal year variant settings in transaction code OB29. Ensure that the fiscal year variant assigned to your company code or controlling area includes the period you are trying to access.
  
  
  
  Correct Period Input:
  
  Double-check the input for the period in the transaction or report. Ensure that it is entered correctly and matches the expected format.
  
  
  
  Consult Configuration:
  
  If you have access, review the configuration settings related to periods in the controlling area or company code. Ensure that all necessary settings are correctly configured.
  
  
  
  User Authorization:
  
  Ensure that you have the necessary authorizations to access the specified period. Sometimes, restrictions may be in place based on user roles.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: Open and Close Posting Periods
  OKP1: Maintain Controlling Area
  OB29: Define Fiscal Year Variants
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  Documentation: Refer to SAP Help documentation for detailed information on period management and fiscal year settings.
  
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP Basis or functional team for further investigation.