3722167 - Error 'M7 021' is raised when trying to post a goods issue with posting date in the previous period - S/4HANA Cloud Public Edition

When trying to post a goods issue with posting date in the previous period, the error message 'M7 021 - Deficit of ... prev. ...' is raised. The error message is not sent if the posting date is in the current period.

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SAP S/4HANA Cloud Public Edition

M7 021, M7_021, GR cancelation, cancellation, previous period, current period, posting date, goods issue, M7021, posting to previous period, material posting, outbound delivery, MMBE, deficit, MM02, material master, past, MCHB, MCHBH, MB52 , KBA , MM-IM-GF-2CL , Basic Functions (Public Cloud) , Known Error