How To Fix KM347 - Error reading the values from the previous period (table &1)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 347

• Message text: Error reading the values from the previous period (table &1)

What causes this issue?

To transfer material stocks, the system must read the values from the
previous period from table &V1&. An error occurred while the system was
doing this.

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?

Check the transferred values starting with material &V2& (valuation
area &V3&, valuation type &V4&).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM347 - Error reading the values from the previous period (table &1) ?

  The SAP error message KM347, which states "Error reading the values from the previous period (table &1)," typically occurs in the context of SAP Controlling (CO) when there is an issue with retrieving data from the previous period for a specific table. This error can arise in various scenarios, such as during the execution of reports, planning, or when trying to access historical data.
  Causes:
  
  Missing Data: The data for the previous period may not exist in the specified table. This can happen if the data has not been posted or if it has been archived.
  Incorrect Configuration: There may be configuration issues in the controlling area or the relevant settings for the specific module.
  Authorization Issues: The user may not have the necessary authorizations to access the data in the specified table.
  Database Issues: There could be issues with the database, such as corruption or connectivity problems.
  Period Closure: The previous period may have been closed, and the system is unable to read data from it.
  
  Solutions:
  
  Check Data Availability: Verify that the data for the previous period exists in the specified table. You can do this by running a query or report that accesses that table.
  Review Configuration: Ensure that the configuration settings for the controlling area and the relevant modules are correct. This may involve checking settings in the SAP Customizing Implementation Guide (IMG).
  User Authorizations: Check the user roles and authorizations to ensure that the user has the necessary permissions to access the data.
  Database Health Check: Perform a health check on the database to ensure that it is functioning correctly. This may involve working with your database administrator.
  Period Management: If the previous period is closed, consider whether it is necessary to reopen it for the required data retrieval or if adjustments can be made in the current period.
  
  Related Information:
  
  Transaction Codes: You may want to use transaction codes like KSB1 (Cost Centers: Actual Line Items) or KOB1 (Order: Actual Line Items) to check for data in the relevant tables.
  SAP Notes: Check SAP Notes for any known issues related to the KM347 error. SAP frequently releases notes that address specific error messages and provide guidance on resolution.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  By following these steps, you should be able to diagnose and resolve the KM347 error effectively.