How To Fix PR023 - Accounting periods are not defined correctly

PR023 - Overview

• Message type: E = Error

• Message class: PR - Forecast: Help messages

• Message number: 023

• Message text: Accounting periods are not defined correctly

What causes this issue?

The accounting periods set in customizing are not correct.

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?

INCLUDE NA_SACHVERHALT
If you do not have the necessary authorization to make this check, then
notify your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PR023 - Accounting periods are not defined correctly ?

  The SAP error message PR023, which states "Accounting periods are not defined correctly," typically occurs when there is an issue with the configuration of accounting periods in the system. This can happen in various modules, including Financial Accounting (FI) and Controlling (CO). Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Period Definition: The accounting periods may not be defined correctly in the system. This could be due to missing periods, incorrect start or end dates, or periods that are not open for posting.
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code may not be set up properly, leading to discrepancies in the accounting periods.
  Posting Periods Not Open: The specific posting period for the transaction you are trying to execute may be closed.
  Configuration Errors: There may be errors in the configuration settings related to the posting periods or fiscal year variants.
  
  
  Solution:
  
  
  Check Period Definitions:
  
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