How To Fix ML4HMASTER107 - Close previous period for activity &1 first

SAP Error Message - Details

• Message type: E = Error

• Message class: ML4HMASTER - Message Class for ML4H Masterdata

• Message number: 107

• Message text: Close previous period for activity &1 first

What causes this issue?

You want to perform a preparation of settlement for activity
type/business process &V1& in costing run &V2&. However, you have not
posted the closing entries for the activity type/business process in the
previous period.

System Response

The system does not allow the preparation of settlement for the activity
type/business process.

How to fix this error?

Post the closing entries for activity type/business process &V1& in the
previous period first.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ML4HMASTER107 - Close previous period for activity &1 first ?

  The SAP error message ML4HMASTER107 indicates that you need to close the previous period for a specific activity before you can proceed with certain operations. This error typically arises in the context of Material Ledger or Inventory Management when trying to post transactions or make changes that are not allowed until the previous period is closed.
  Cause:
  The error occurs because the system requires that all transactions for the previous period be finalized before you can make any changes or postings for the current period. This is a control mechanism to ensure data integrity and accurate financial reporting.
  Solution:
  To resolve this error, you need to follow these steps:
  
  
  Close the Previous Period:
  
  Navigate to the appropriate transaction in SAP to close the previous period. This is usually done in the Material Ledger or Inventory Management module.
  Ensure that all necessary postings for the previous period are completed. This includes any inventory adjustments, material movements, and financial postings.
  
  
  
  Check for Open Transactions:
  
  Review any open transactions that may be preventing the closure of the previous period. This can include unposted documents or incomplete processes.
  
  
  
  Use Transaction Codes:
  
  You may need to use specific transaction codes to close the period. Common transaction codes include:
  
  MMPV: For closing the Material Ledger period.
  MCS2: For closing the inventory period.
  
  
  Follow the prompts to close the period.
  
  
  
  Consult Documentation:
  
  Refer to your organization's SAP documentation or guidelines for closing periods, as there may be specific steps or approvals required.
  
  
  
  Check User Authorizations:
  
  Ensure that you have the necessary authorizations to close the period. If not, contact your SAP administrator for assistance.
  
  
  
  Re-attempt the Operation:
  
  Once the previous period is closed, re-attempt the operation that triggered the error.
  
  
  
  Related Information:
  
  Material Ledger: This is a module in SAP that allows for the management of inventory and valuation in multiple currencies and at different prices.
  Period Closing: This is a critical process in financial accounting and inventory management that ensures all transactions for a given period are accounted for before moving to the next period.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or additional guidance provided by SAP.
  
  If you continue to experience issues after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP's official documentation for further assistance.