Go to tcode KCH5N select ur profit center on the right side u will find the validity period button click it to check. . If the posting is taking place within the validity period no issue else extend the validity period..
To check the period closing t.code is MMRV
To close the period - MMPV
If the problem still exists, then please go to KE53, give the respective profit center in which the material is assigned and enter.
There you can see the validity period for that profit center and I presume the validity period is ended before the creation date. Check that.