How To Fix KV059 - Posting period & is not allowed

KV059 - Overview

• Message type: E = Error

• Message class: KV - Variance Analysis for Cost Centers and Cost Objects

• Message number: 059

• Message text: Posting period & is not allowed

What causes this issue?

To be able to calculate variances, scrap, or work in process, you must
enter a valid posting period.

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 your entry.

Error message extract from SAP system. Copyright SAP SE.

KV059 - Details

• The SAP error message KV059 ("Posting period & is not allowed") typically occurs when you attempt to post a transaction in a period that is either closed or not open for posting in the system. This can happen in various modules, including Financial Accounting (FI) and Controlling (CO).
  
  Cause:
  
  Closed Posting Period: The posting period you are trying to use has been closed in the system settings.
  Period Locking: The period may be locked for certain types of transactions (e.g., for specific company codes or account types).
  Configuration Settings: The configuration settings in the controlling area or company code may restrict postings to certain periods.
  Fiscal Year Variant: The fiscal year variant may not be set up correctly, leading to issues with period openings.
  
  
  Solution:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (Change View "Posting Periods": Overview).
  Verify if the posting period you are trying to use is open for the relevant company code and fiscal year.
  If