Settlement Posted to future period

[Former Member]

Hi All,

User has execute the settlement in CJ88 to an asset by giving future period 12/2010. Value of settlement was Zero and no accounting document got generated. Only CO and Asset line items with Zero values.

Now when he tries to reverse the settlement it is giving error

"Reversal cannot be posted (system error)

Procedure

When you reverse a posting that originated during the transfer of balances during the asset data transfer, use transaction OASV (FI-AA Customizing "Transfer balances"). Manually create a reverse posting (with reversed positive/negative signs) for each line item in the document you want to reverse. If it is no longer possible to use transaction OASV, use transaction ABF1"

There is no asset document generated and we can reverse as above.

It is not allowing to settle for 01/2010, as it says perform settlement after 12/2010.

Please let me know how this issue can be resolved.

Thanks

Satish

[virendra_pal]

in asset master can you remove the capitalisation date and then check CJ88

[Former Member]

Hi,

For new asset the Capitalization date is not updated in the Asset Master and for old asset the date is previous settlement date.

Thanks

Satish

[virendra_pal]

what is the error message number?

[Former Member]

Error Message number is AA464 'Reversal cannot be posted (system error)'

[virendra_pal]

check out OSS note 386922