How To Fix WRMA_FI328 - Too many AC posting periods remain open for company code

WRMA_FI328 - Overview

• Message type: E = Error

• Message class: WRMA_FI - Messages for RMA

• Message number: 328

• Message text: Too many AC posting periods remain open for company code

What causes this issue?

There are too many open FI posting periods for company code &V1&.
Backwards to fiscal year &V2&, the program was unable to find closed FI
posting periods for account type "+" for the last respective day of the
fiscal year to be analyzed.

System Response

The system does not delete the data.

How to fix this error?

Select an older fiscal year or close older FI posting periods for
account type "+".

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

WRMA_FI328 - Details

• Certainly! Here's a detailed explanation of the SAP error message WRMA_FI328: Too many AC posting periods remain open for company code:
  
  Error Message
  WRMA_FI328: Too many AC posting periods remain open for company code 
  
  Cause
  This error occurs when the number of open accounting (AC) posting periods for a particular company code exceeds the allowed or configured limit in the system. In SAP, posting periods are used to control the periods in which financial transactions can be posted. To ensure data integrity and proper financial closing, only a limited number of posting periods should remain open simultaneously.
  The system checks the number of open posting periods for the company code and if it finds that too many periods are open (usually more than the configured threshold), it throws this error to prevent further postings until the situation is resolved.
  
  When does it occur?
  
  During posting of financial documents (FI postings).
  When the system validates the posting period