How To Fix M8535 - Allowed posting periods: & for company code & and date &

SAP Error Message - Details

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 535

• Message text: Allowed posting periods: & for company code & and date &

What causes this issue?

The posting date entered does not lie within one of the allowed posting
periods.

Possibly, the correct current period is not configured in the system:
The first of the specified periods is the current period for the system.
At the start of a new period, the system administrator has to use the
function "Close periods" to change the current period in the material
master. This has not yet happened. You have entered an incorrect date in
the field "Posting date".

How to fix this error?

Check the posting date and correct it if necessary. If your entry is
correct, inform your system administrator that the period closing
program has not yet been run.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M8535 - Allowed posting periods: & for company code & and date & ?

  The SAP error message M8535 indicates that a posting attempt is being made outside of the allowed posting periods for a specific company code and date. This error typically occurs in the context of financial transactions, such as posting invoices, goods movements, or other accounting entries.
  Cause:
  The error arises when:
  
  The posting date of the transaction falls outside the defined open posting periods for the specified company code.
  The system settings restrict posting to certain periods (e.g., only allowing postings in the current month or the previous month).
  The user may be trying to post to a closed period, which is not permitted based on the configuration.
  
  Solution:
  To resolve the M8535 error, you can take the following steps:
  
  
  Check Posting Periods:
  
  Go to the transaction code OB52 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Document > Open and Close Posting Periods).
  Verify the open and closed posting periods for the relevant company code. Ensure that the posting date of your transaction falls within the allowed periods.
  
  
  
  Adjust Posting Periods:
  
  If necessary, you can extend the open posting periods to include the date of the transaction. This can be done by modifying the settings in OB52.
  Ensure that you have the necessary authorizations to make changes to the posting periods.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about changing the posting periods, consult with your finance or accounting team to ensure compliance with accounting policies and practices.
  
  
  
  Use Correct Posting Date:
  
  If the transaction date is not critical, consider changing the posting date to a date that falls within the allowed periods.
  
  
  
  Check User Authorizations:
  
  Ensure that the user attempting the posting has the necessary authorizations to post in the specified periods.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: To view and change the open and closed posting periods.
  FB01: To post a document (where the error may occur).
  
  
  
  Configuration Settings:
  
  The posting period settings can be configured based on various criteria, including company code, fiscal year, and special periods.
  
  
  
  Fiscal Year Variant:
  
  Ensure that the fiscal year variant assigned to the company code is correctly set up, as it defines the posting periods.
  
  
  
  Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on managing posting periods and understanding the implications of changing them.
  
  
  
  By following these steps, you should be able to resolve the M8535 error and successfully post your transaction.