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

KM347 - Overview

• 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.

KM347 - Details

• 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 This can happen if the data has not been posted or if it has been archived.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