How To Fix WRF_CONS308 - Posting to previous period not possible for company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: WRF_CONS - Retail Fashion: Consignment Processing Stock Transfers

• Message number: 308

• Message text: Posting to previous period not possible for company code &1

What causes this issue?

An error occurred during stock determination: Posting to the previous
period is not allowed for valuation area &1.

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 WRF_CONS308 - Posting to previous period not possible for company code &1 ?

  SAP Error Message:
  
  WRF_CONS308 – Posting to previous period not possible for company code &1
  
  Cause:
  This error occurs when you attempt to post a document in a fiscal period that is already closed for posting in the specified company code. In other words, the system does not allow postings to a previous (closed) period because the posting period is locked or not open for the transaction type or company code.
  
  Explanation:
  
  SAP controls posting periods via Posting Period Variants assigned to company codes.
  Each posting period variant defines which fiscal periods are open for posting for different account types (e.g., general ledger, vendor, customer).
  If you try to post in a period that is closed (either fully or for the specific transaction type), SAP throws this error.
  This is a standard control to ensure data integrity and prevent back-dated postings that could affect financial statements already closed.
  
  
  Solution:
  
  
  Check Posting Period Variant:
  
  Go to transaction OB52 (Maintain Posting Periods).
  Select the relevant posting period variant assigned to the company code.
  Verify which periods are open for posting for the relevant account type (e.g., "K" for customers, "V" for vendors, "M" for materials, or blank for G/L accounts).
  
  
  
  Open the Required Period:
  
  If the period you want to post to is closed, open it by adjusting the "From period" and "To period" fields for the relevant account type.
  Save the changes.
  
  
  
  Check Company Code Assignment:
  
  Ensure the correct posting period variant is assigned to the company code in OBBO.
  
  
  
  Check Document Date and Posting Date:
  
  Make sure the document date and posting date are within the open posting periods.
  
  
  
  Authorization:
  
  Sometimes, posting to previous periods is restricted by authorization. Verify if the user has the necessary authorization to post in previous periods.
  
  
  
  Alternative:
  
  If posting to a previous period is not allowed due to business rules, post in the current open period instead.
  
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52 – Maintain Posting Periods
  OBBO – Assign Posting Period Variant to Company Code
  FB50 / FB60 / FB70 – Posting transactions where the error might occur
  
  
  
  SAP Notes:
  
  Check SAP Notes related to posting period errors for your SAP version if the problem persists.
  
  
  
  Best Practices:
  
  Avoid frequent reopening of closed periods to maintain financial integrity.
  Use special posting periods for adjustments if necessary.
  
  
  
  
  Summary:
  
  
  
  Aspect
  Details
  
  
  
  
  Error Cause
  Posting period is closed for the company code and transaction type.
  
  
  Solution
  Open the posting period in OB52 or post in an open period.
  
  
  Transaction
  OB52 (posting periods), OBBO (assign variant)
  
  
  Notes
  Ensure user authorization and correct document dates.
  
  
  
  
  If you need further assistance, please provide the company code, transaction type, and posting date details.