FAQ on Posting date ERROR

Very frequently, our friends are stuck up at an posting error issued by the system.

Error description:

Posting only possible in periods 2014/08 and 2014/07 in company code 1053

Normally, this will happen if the posting period is not OPEN, while posting MIGO/SES etc.

Here, thing to understand is: 

2014 = Indicates Financial year i.e., currently 2014-15

01 = April; 02 = May; 03 = June and so on...12 = March

Company code = 1053 (STR) will differ according to USER's circle

So, now an user can conclude that system will accept posting between 01-10-2014 (2014/07) to 30-11-2014 (2014/08) only.

When this type of ERROR occurs, user has two options: 

(i) Wait for the period to OPEN 

or 

(ii) Input a posting date between the mentioned period.

There are two types of posting periods: 

(i) MM period which will  normally be kept OPEN for a current month and previous month.

(ii) FI period which will normally be kept OPEN for current month only.