How To Fix 1I008 - Reconciliation key &2 has 'open' status in bank area &1

SAP Error Message - Details

• Message type: E = Error

• Message class: 1I - BCA: General Ledger Integration

• Message number: 008

• Message text: Reconciliation key &2 has 'open' status in bank area &1

What causes this issue?

The reconciliation key &V2& in bank area &V1& has the status 'open'.
This permits postings to the reconciliation key. Transfer to the FI
general ledger can only take place if the status is 'closed'.

How to fix this error?

Close the reconciliation key.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1I008 - Reconciliation key &2 has 'open' status in bank area &1 ?

  The SAP error message 1I008 indicates that there is a reconciliation key with an 'open' status in the specified bank area. This typically occurs in the context of bank reconciliation processes within SAP, where the system is trying to perform an operation (like clearing or posting) on a reconciliation key that is still marked as open.
  Cause:
  The error is caused by the following scenarios:
  
  Open Reconciliation Key: The reconciliation key (which is a unique identifier for a reconciliation process) is still open, meaning that it has not been fully processed or cleared.
  Pending Transactions: There may be pending transactions or entries that need to be addressed before the reconciliation key can be closed.
  Incorrect Status: The reconciliation key may have been incorrectly set to an open status due to a previous error or incomplete processing.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Reconciliation Key:
  
  Use transaction codes like FBL3N (for G/L accounts) or FBL1N (for vendor accounts) to check the status of the reconciliation key.
  Identify any transactions that are linked to the reconciliation key and see if they are still open.
  
  
  
  Clear Pending Transactions:
  
  If there are pending transactions associated with the reconciliation key, you will need to process or clear them. This may involve posting additional entries or correcting existing ones.
  
  
  
  Close the Reconciliation Key:
  
  Once all related transactions are processed, you can attempt to close the reconciliation key. This can typically be done through the bank reconciliation process in SAP.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to bank reconciliation for specific steps on how to manage reconciliation keys.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for bank reconciliation, such as FF67 (for manual bank statement processing) and F110 (for automatic payment transactions).
  Bank Area Configuration: Ensure that the bank area configuration is correct and that there are no discrepancies in the settings that could lead to reconciliation issues.
  User Authorizations: Make sure that you have the necessary authorizations to view and modify reconciliation keys and related transactions.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate action to resolve it.