How To Fix MM010 - Not possible to determine last period of previous year

SAP Error Message - Details

• Message type: E = Error

• Message class: MM - Messages for material master maintenance and Customizing

• Message number: 010

• Message text: Not possible to determine last period of previous year

What causes this issue?

For the current period of the company code you have entered, the system
could not determine the last period of the previous year.

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 maintain previous periods in "Financial Accounting" Customizing.
<DS:SIMG.SIMG_CFMENUORFBOB29>Proceed</>.
If you do not have the authorization to do so, contact your systems
administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MM010 - Not possible to determine last period of previous year ?

  The SAP error message MM010, which states "Not possible to determine last period of previous year," typically occurs in the context of inventory management or material management when the system is unable to find the last period for the previous year for a specific material or inventory record. This can happen for various reasons, including configuration issues or missing data.
  Causes:
  
  Missing Period Data: The system may not have the necessary data for the previous year’s periods, which can occur if the periods were not properly defined or closed.
  Incorrect Configuration: The fiscal year variant or period settings may not be correctly configured in the system.
  Material Master Issues: The material master data may not be set up correctly, leading to issues in determining the last period.
  Posting Periods Not Open: The posting periods for the previous year may not be open, preventing any transactions from being processed.
  Year-End Closing: If the year-end closing process has