How To Fix PSM_S4C_FM_MD236 - Fiscal year closing entries already exist in the universal journal.

PSM_S4C_FM_MD236 - Overview

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 236

• Message text: Fiscal year closing entries already exist in the universal journal.

What causes this issue?

Changing the <LS>Carry Forward to Account</> budgetary setting is not
allowed, since fiscal year closing entries already exist in universal
journal for this budget account.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD236 - Fiscal year closing entries already exist in the universal journal. ?

  The SAP error message PSM_S4C_FM_MD236 indicates that there are already fiscal year closing entries present in the Universal Journal for the specified fiscal year. This typically occurs when you attempt to post or make changes to financial documents in a fiscal year that has already been closed.
  
  Cause:
  
  Fiscal Year Closure: The fiscal year has been closed, and any entries or adjustments are not allowed unless the year is reopened.
  Posting Restrictions: There may be posting restrictions in place that prevent any changes to closed periods.
  Incorrect Posting Period: You might be trying to post to a period that is not open for posting.
  
  
  Solution:
  
  Check Fiscal Year Status: Verify if the fiscal year is indeed closed. You can do this by checking the fiscal year settings in the Financial Accounting (FI) module.
  Reopen the Fiscal Year: If necessary, you can reopen the fiscal year to allow for adjustments. This typically requires authorization and should be done