GR error, message: Posting Only Possible Between...

precondition
T-CODE
MMPV is used to close the current period and to open a new period. Enter the company code (range or single), enter the new period, normally the next month and year (month and year) or date (but not both) and save.

MMRV is used to allow posting in a previous period (per your company
requirement), tick or untick and save.

Refer http://sap.ittoolbox.com/groups/technical-functional/sap-log-sd/sap-sd-mb1c-1586723

While doing goods receipt for order, the following error occurs, it says POSTING ONLY POSSIBLE BETWEEN 08/2007 AND 09/2007

Movement type.101
Order: 4500016867
Plant:1000
Storage Location:0001

I am trying to do GR after creating PO. It is showing an error messg “posting only possible during 08/2007 and 09/2007”. I went into open and close posting peiords in FI (IMG) and tried opening new periods but it is still not allowing me to proceed further and is showing the same messg.

Go to T.Code MMPV :
1. Enter your company code.
2. Fiscal year of the current period (in your case 2007).
3. Put the period as 10.
4. Check the radio button for check and close period.
5. Execute.
6. The system does say it is not current calender year. (do not worry about this).
7. Hit Esc and
8. Now change the Fiscal year to 2007 and
9. Period to 11
10. Execute
Continue these steps until you reach your period and fiscal year.

I am facing a problem with fiscal year. When I am trying to close the periods with MMPV, it is saying that ‘specify a present calender’. It is not allowing me to receipt GR and post the invoice. And also when I am trying to change the next period through navigation (SPRO/Logostics general/Material master/Maintain company codes for matl management) it is saying that this company code can no longer be initiated. Our SAP was installed recently.

To maintain fiscal year

SPRO - Logistics General – Mat Master – Basic Settings – Maintain Company Codes for Material Management – Execute – Select Company Code and Define the Fiscal Year

Year = 2006
P(month) = current month
F/yr = 2006
M = Previous Month

ABP = Allow Back Posting , DBP = Disallow back posting