F5202 - Posting takes place in previous fiscal year

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 202

• Message text: Posting takes place in previous fiscal year

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

INCLUDE 'CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5202 - Posting takes place in previous fiscal year ?

  The SAP error message F5202, which states "Posting takes place in previous fiscal year," typically occurs when a user attempts to post a financial transaction in a period that is closed or belongs to a previous fiscal year. This is a common issue in financial accounting within SAP, especially when dealing with year-end closing processes.
  Cause:
  
  Closed Fiscal Year: The fiscal year you are trying to post to has been closed in the system, meaning that no further postings can be made to that year.
  Period Locking: The specific posting period may be locked for posting due to the year-end closing activities.
  Incorrect Posting Date: The posting date of the transaction may fall into a closed period or fiscal year.
  
  Solution:
  
  Check Fiscal Year Status: Verify if the fiscal year is indeed closed. You can do this by checking the configuration in the Financial Accounting (FI) module.
  Open the Period: If necessary and appropriate, you can open the previous fiscal year or the specific period for posting. This can be done by:
  
  Navigating to the transaction code OB52 (Change View "Posting Periods": Overview).
  Adjusting the settings to allow postings in the required period.
  
  
  Adjust Posting Date: If the posting date is incorrect, change the date to a valid open period.
  Consult with Finance Team: If you are unsure about opening a closed period, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB52: To manage posting periods.
  FBL1N/FBL3N: To check vendor/customer line items.
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or updates related to this error.
  Documentation: Review SAP documentation on year-end closing procedures and posting periods for more detailed information.
  
  Best Practices:
  
  Always ensure that you are aware of the financial closing schedules and policies in your organization.
  Communicate with your finance team before making changes to posting periods to avoid any compliance issues.
  Regularly review and reconcile accounts to minimize the need for adjustments in closed periods.
  
  By following these steps, you should be able to resolve the F5202 error and successfully post your transactions.