How To Fix RERACL015 - Period &1 / &2 for clearing date from most recent document (&3) closed

SAP Error Message - Details

• Message type: E = Error

• Message class: RERACL - Messages for Clearing

• Message number: 015

• Message text: Period &1 / &2 for clearing date from most recent document (&3) closed

What causes this issue?

The posting date of the most recent document &V3& must be used as the
clearing and posting date for the clearing document. However, this is
not possible since the corresponding posting period is closed.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

The contract items cannot be cleared.

How to fix this error?

If you want to clear contract items, choose another clearing date or
open the posting period.

Procedure for System Administrators

INCLUDE RECA_CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RERACL015 - Period &1 / &2 for clearing date from most recent document (&3) closed ?

  The SAP error message RERACL015 indicates that there is an issue with the clearing date in the context of account clearing. Specifically, it means that the period specified (represented by &1 and &2) is closed for the most recent document (indicated by &3) that is being processed. This typically occurs in financial transactions where the system is trying to clear items in a closed period.
  Cause:
  
  Closed Period: The primary cause of this error is that the financial period you are trying to post to is already closed. In SAP, once a period is closed, no further postings can be made to that period.
  Document Date: The document date of the transaction you are trying to clear may fall within a closed period.
  Configuration Settings: The settings in the financial accounting configuration may restrict postings to closed periods.
  
  Solution:
  
  Open the Period: If it is necessary to post to the closed period, you can open the period in the configuration settings. This is done through the transaction code OB52. However, this should be done with caution and typically requires authorization.
  Adjust Document Dates: Review the document dates of the transactions you are trying to clear. If possible, adjust the dates to fall within an open period.
  Use a Different Clearing Date: If the clearing date is not critical, consider using a different clearing date that falls within an open period.
  Consult with Finance Team: If you are unsure about the implications of opening a period or changing document dates, consult with your finance team or SAP administrator for guidance.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To manage the open and closed periods.
  FBL1N/FBL3N/FBL5N: To view line items for vendors, G/L accounts, and customers respectively.
  
  
  Authorization: Ensure you have the necessary authorizations to make changes to period settings.
  Impact on Financial Reporting: Be aware that opening closed periods can affect financial reporting and compliance, so it should be done judiciously.
  SAP Notes: Check for any relevant SAP Notes that may provide additional context or solutions for this error message.
  
  Always ensure that any changes made to financial periods or document dates are in compliance with your organization's accounting policies and procedures.