How To Fix KT203 - Period selection is incorrect

KT203 - Overview

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 203

• Message text: Period selection is incorrect

What causes this issue?

Period &V1& in fiscal year &V2& does not exist. Fiscal year variant
&V3& contains &V4& periods.
When you only enter the fiscal year, the SAP System tries to determine
the smallest and largest period. If the SAP System cannot determine a
valid period in the fiscal year, it releases the error message for
period "001".

System Response

Processing is terminated.

How to fix this error?

Correct your entry.
Enter a fiscal year whose periods are defined.
Or, enter a period defined in fiscal year &V2&.

Error message extract from SAP system. Copyright SAP SE.

KT203 - Details

• The SAP error message KT203 "Period selection is incorrect" typically occurs in the context of cost center accounting or internal orders when the user attempts to execute a report or transaction that requires a specific period selection, but the selected period is not valid for the data being processed.
  Causes:
  
  Invalid Period: The selected period may not exist in the system, or it may be outside the range of periods that have been defined in the fiscal year variant.
  Closed Periods: The period you are trying to access may be closed for posting. In SAP, once a period is closed, no further postings can be made to that period.
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code or controlling area may not align with the selected period.
  Incorrect Date Format: The date format used in the selection criteria may not match the expected format in SAP.
  Missing Authorizations: Sometimes, the user