How To Fix KV059 - Posting period & is not allowed

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message KV059 - Posting period & is not allowed ?

  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 necessary, extend the open periods to allow postings.
  
  
  
  Adjust Configuration:
  
  Ensure that the fiscal year variant is correctly configured and that the periods are set up as intended.
  Check if there are any specific restrictions on the posting periods for the relevant accounts or company codes.
  
  
  
  Consult with Finance Team:
  
  If you do not have the necessary authorizations to change the posting periods, consult with your finance or accounting team to get the required changes made.
  
  
  
  Use Correct Transaction Codes:
  
  Ensure you are using the correct transaction codes for posting. For example, use FB01 for general ledger postings, F-02 for manual postings, etc.
  
  
  
  Check User Authorizations:
  
  Ensure that your user profile has the necessary authorizations to post in the desired periods.
  
  
  
  Related Information:
  
  Fiscal Year Variant: Understand how fiscal year variants work in SAP and how they affect posting periods.
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing posting periods and financial postings.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to the KV059 error message.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP documentation for further troubleshooting steps.