How To Fix M8206 - Please check: posting to previous fiscal year

M8206 - Overview

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 206

• Message text: Please check: posting to previous fiscal year

What causes this issue?

In the material control record, the posting date is in the previous
fiscal year.

System Response

When the invoice is posted, the system updates the total value for the
current period and the total value for the previous year in the material
master record for material postings.

How to fix this error?

Check the posting date and change it if necessary.

Error message extract from SAP system. Copyright SAP SE.

M8206 - Details

• The SAP error message M8206, which states "Please check: posting to previous fiscal year," typically occurs when a user attempts to post a transaction to a period that is closed in the previous fiscal year. This is a common issue in financial and inventory management processes within SAP.
  
  Cause:
  
  Closed Fiscal Year: The fiscal year or period you are trying to post to has been closed. In SAP, once a fiscal year is closed, no further postings can be made to that year.
  Period Locking: The specific posting period may be locked for posting due to configuration settings in the financial module.
  Configuration Settings: The settings in the controlling area or company code may restrict postings to previous periods.
  Document Type Restrictions: Certain document types may have restrictions on posting to previous periods.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify if the fiscal year is indeed closed. You can do this by checking the fiscal year settings in