How To Fix PR023 - Accounting periods are not defined correctly

SAP Error Message - Details

• 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:
  
  Go to the transaction code OB52 (Change View "Posting Periods": Overview).
  Verify that the posting periods are defined correctly for the relevant company code and fiscal year.
  Ensure that the periods you are trying to post to are open.
  
  
  
  Review Fiscal Year Variant:
  
  Use transaction code OB29 to check the fiscal year variant settings.
  Ensure that the fiscal year variant assigned to your company code is correct and that the periods are defined as expected.
  
  
  
  Open Posting Periods:
  
  If the period is closed, you can open it by adjusting the settings in transaction code OB52.
  Make sure to set the appropriate date range for the periods you want to open.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to post in the specified periods.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or FI/CO consultant for specific configuration settings related to your organization’s setup.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB52: Change View "Posting Periods": Overview
  OB29: Change View "Fiscal Year Variants": Overview
  OB37: Define Posting Periods for Special Purpose Ledger
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Manuals: Refer to user manuals or training materials for guidance on configuring accounting periods and fiscal year variants.
  
  By following these steps, you should be able to identify and resolve the issue causing the PR023 error message in SAP. If the problem persists, it may be beneficial to engage with your SAP support team for further assistance.