Message type: E = Error
Message class: /PF1/MSG_CP_E -
Message number: 003
Message text: Time-based closing criteria has been reached
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/PF1/MSG_CP_E003
- Time-based closing criteria has been reached ?The SAP error message /PF1/MSG_CP_E003 Time-based closing criteria has been reached typically occurs in the context of the SAP Controlling (CO) module, particularly when dealing with period-end closing processes. This message indicates that the time-based criteria for closing a particular period have been met, and as a result, no further postings can be made to that period.
Cause: Period Closure: The most common cause of this error is that the financial period has been closed for posting. This is a standard procedure in financial accounting to ensure that no further transactions can affect the financial statements for that period. Configuration Settings: The system may have been configured to automatically close periods based on specific criteria, such as time or completion of certain processes. User Authorization: Sometimes, the user may not have the necessary authorization to post to a closed period, which can trigger this message.
Solution: Check Period Status: Verify the status of the financial period
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