How To Fix MANAGE_POSTINGPERIOD015 - Posting period management by company code is not active.

MANAGE_POSTINGPERIOD015 - Overview

• Message type: E = Error

• Message class: MANAGE_POSTINGPERIOD -

• Message number: 015

• Message text: Posting period management by company code is not active.

What causes this issue?

The business function <LS>Manage Posting Periods by Business Transaction
Type and Closing Step</> (<NP>FINS_PERIOD_CTRL_BY_BTTYPE</>) is not
active.

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?

You must activate business function <NP>FINS_PERIOD_CTRL_BY_BTTYPE</> to
use this app. For more information, see the documentation for the
business function in transaction
<DS:TRAN.SFW5>SFW5</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

MANAGE_POSTINGPERIOD015 - Details

• The SAP error message "MANAGE_POSTINGPERIOD015: Posting period management by company code is not active" typically occurs when you attempt to perform a transaction that requires posting period management, but the configuration for posting periods is not set up correctly for the specified company code.
  
  Cause:
  
  Inactive Posting Period Management: The posting period management feature is not activated for the company code in question.
  
  Configuration Issues: The settings in the Financial Accounting (FI) module may not be properly configured to allow for posting period management.
  User Authorization: The user may not have the necessary authorizations to access or modify posting periods.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Activate Posting Period Management:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting > Financial Accounting Global Settings > Document > Posting Periods > Open and Close Posting Periods.
  Check if the posting period management is activated for the relevant company code.