Posting only possible in periods for Company Code (Solved)

Imagine this scenario.  It’s the 1st of March, and you’re all set to proceed with an Outbound Delivery and post goods issue. However, there’s a catch. The system automatically sets the posting date as the current date, which is in March.

But here’s the twist: the posting period might still be in February. As a result, the system might prevent you from completing the post goods issue. Quite a troublesome situation, isn’t it?

You will also get an error about posting only possible only in periods SAP. This is when you are trying posting any material document using transaction MIGO or ME23N.

Now that we know the occurences of this error, let us look at how to resolve them in an effective manner. The first step is to know which period is currently open in SAP for the respective company code.

You can see this in transaction code MMRV. See the screenshot below.

Transaction MMRV to know which is the current open period

Now, to close the current period and open the next one, you will need to use transaction code MMPV. Note that if you need to navigate to multiple months, you need to go in a sequence.

Transaction MMPV Screenshot to resolve posting only allowed in period for company code error

By now you should be able to answer most of these, but just to recap, here are the pointers once again.

Closing posting periods in SAP is not only a recommended practice but a crucial one for smooth month-end processes. By ensuring that financial records are organized and accurate, businesses can avoid potential errors that may occur during the posting of material documents.

This comprehensive article dives deep into the common occurrences of this issue. It also shedes light on the challenges faced and offering effective solutions. From checking open periods to leveraging transaction codes MMRV and MMPV, every step required to resolve this error is explained in detail.

Furthermore, this resource goes beyond the basics by addressing frequently asked questions. It also provides valuable tips for resolving related errors. With these additional insights, users can gain a better understanding of the intricacies involved. They can also navigate through any hurdles with confidence.

We hope this article has helped you gain a better understanding of the processes and tools involved. With these steps, you can help your business maintain an organized financial record and ensure smooth month-end operations. Best of luck!

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