EC-CS: Error Message no. G00085; Period not valid

Hi Gurus,
Greetings
I am in a implementation and been assigned to configure the Consolidation process in an ERP 6.0 environment. We are using SAP EC-CS and i am new to this entire process. I am also not sure whether my config is 100 percent correct.
I went by the IMG steps and configured the entire setup, but not able to see a proper cosolidated report.
Whenever i run T-Code CXCD "Data Collection Monitor" i am getting an error message as "Period 009/2008 is not a valid period in consolidation cycle XXX". XXX is my consolidation cycle.
Can anyone please throw some light on what could be the problem.
Thanks & Regards,
Chaps

Hi Jigar,
Thank you for your replies...
Actually i had maintained all the prerequisites for the Data Collection and the Consolidation Monitor.
I also executed the interunit elimination entries.
The problem occurred when i tried to consolidate the data for previous fiscal years (i.e. 2002 to 2007).
After completing the tasks / task groups, i executed the consolidated financial statement comparison report "S_ALR_87011792" and found that the total value is not reconciling with the individual financial statement report (F.01 / F.54). I don't know where i am making problems. Can you please guide me on this.
I am not sure whether this is a configuration problem.
Regards,
Chaps

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