3541997 - ML Activation via Transaction CKMSTART failed due to DBSQL_DUPLICATE_KEY_ERROR

While running transaction MMPV to open the MM posting period, system is giving the following dump:

Category                      ABAP programming error
Runtime Errors             DBSQL_DUPLICATE_KEY_ERROR
Except.                        CX_SY_OPEN_SQL_DB
ABAP Program              SAPLMLCCS_CUSTOMIZING
Application Component  CO-PC-ACT

Error Analysis:

An exception has occurred in class "CX_SY_OPEN_SQL_DB". This exception was not caught in procedure "MLCCS_FREEZE_LAYOUT_BY_STARTUP" " (FUNCTION) " or propagated by RAISING clause.

"Image/data in this KBA is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental."

• SAP S/4HANA
• SAP S/4HANA Finance
• Controlling (CO)

FINS_ML_MIG086, CKMSTART, FCML4H_STARTUP, DBSQL_DUPLICATE_KEY_ERROR, CX_SY_OPEN_SQL_DB, SAPLMLCCS_CUSTOMIZING, MLCCS_FREEZE_LAYOUT_BY_STARTUP, CKMLKEV. , KBA , CO-PC-ACT , Actual Costing , Problem