1M247 - Month period is assigned to key date &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 1M - BKK: Abschluß

• Message number: 247

• Message text: Month period is assigned to key date &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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AnswerBot

• What is the cause and solution for SAP error message 1M247 - Month period is assigned to key date &1 ?

  The SAP error message 1M247 ("Month period is assigned to key date &1") typically occurs in the context of financial or controlling modules when there is an issue with the assignment of a month period to a specific key date. This error can arise in various scenarios, such as during the posting of documents, running reports, or executing certain transactions.
  Cause:
  The error is generally caused by one of the following reasons:
  
  Period Not Open: The month period for the specified key date is not open for posting. This can happen if the period has been closed in the financial settings.
  Incorrect Configuration: There may be a configuration issue in the controlling or financial module where the month period is not correctly assigned to the fiscal year variant.
  Key Date Misalignment: The key date being referenced does not align with the expected month period, possibly due to a mismatch in the fiscal year settings.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Period Status:
  
  Go to the transaction code OB52 (Change View "Open and Close Posting Periods") to check if the month period for the key date is open. If it is closed, you may need to open it for posting.
  
  
  
  Verify Fiscal Year Variant:
  
  Ensure that the fiscal year variant is correctly configured. You can check this in the transaction code OB29 (Define Fiscal Year Variants) to confirm that the month periods are correctly assigned.
  
  
  
  Adjust Key Date:
  
  If the key date is incorrect, adjust it to a date that falls within an open period. This may involve changing the date in the transaction you are trying to execute.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about making changes to the posting periods or fiscal year settings, consult with your finance or controlling team to ensure compliance with accounting policies.
  
  
  
  Check for Custom Logic:
  
  If there are any custom developments or enhancements in your SAP system, check if they might be affecting the period assignment logic.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB52: Open and Close Posting Periods
  OB29: Define Fiscal Year Variants
  FBL1N: Vendor Line Item Display (to check postings)
  FBL3N: G/L Account Line Item Display (to check postings)
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for the error message number in the SAP Support Portal.
  
  
  Documentation: Review SAP documentation related to financial periods and fiscal year settings for a deeper understanding of how these configurations work.
  
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solution to resolve it.