Default special period &2 was set for posting date &1

What causes this issue?

The default special period &V4& is defined for posting date &V3&. As a
result of changing the posting date to &V1&, the system determined and
proposed the new default special period &V2&.

System Response

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

How to fix this error?

Check if the special period determined for the entered posting date is
the special period you want to use, and change the posting date or
special period if necessary.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.