How To Fix MQ548 - Posting period &4 for variant &1, account type &2 has not been closed

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 548

• Message text: Posting period &4 for variant &1, account type &2 has not been closed

What causes this issue?

Period &V4& has not yet been closed for the variant from local posting
period "&V1&", fiscal year &V3&, and account type "&V2&".

How to fix this error?

All posting periods from the closed fiscal years should be closed
before the changeover. You must close the posting periods for the old,
closed fiscal years.
<DS:TRAN.GCP1>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ548 - Posting period &4 for variant &1, account type &2 has not been closed ?

  The SAP error message MQ548 indicates that a specific posting period for a given variant and account type has not been closed. This error typically arises during financial postings when the system checks whether the specified posting period is open for transactions.
  
  Cause:
  
  Unclosed Posting Period: The primary cause of this error is that the posting period specified in the error message is still open, meaning that transactions can still be posted to it.
  
  Configuration Issues: There may be configuration settings in the financial accounting module that have not been set correctly, leading to the posting period not being closed.
  User Authorization: The user may not have the necessary authorization to post in the specified period or to close the period.
  
  
  Solution:
  
  
  Close the Posting Period:
  
  Navigate to the transaction code OB52 (or use the menu path: Financial Accounting > General Ledger > Periodic Processing > Closing > Open and Close Posting Periods).
  Check the settings for the