How To Fix AA553 - Reversing transaction type & is not allowed.

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 553

• Message text: Reversing transaction type & is not allowed.

What causes this issue?

The reversal of the document was cancelled, since the document
contains transaction type &V1& from the takeover of old data.
These asset transactions cannot be reversed.

How to fix this error?

If the takeover of old data has not yet been completed in this
company code, you can carry out the required correction directly in
the old asset taken over.
However, if the company code is already productive, you have to make
the correction posting with the usual transaction types for
acquisitions or down payments.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AA553 - Reversing transaction type & is not allowed. ?

  The SAP error message AA553, which states "Reversing transaction type & is not allowed," typically occurs in the context of Asset Accounting (FI-AA) when you attempt to reverse a transaction that is not permitted for the specified transaction type. This can happen for various reasons, including configuration settings or the nature of the transaction itself.
  Causes:
  
  Transaction Type Restrictions: The transaction type you are trying to reverse may not be configured to allow reversals. Each transaction type in SAP can have specific settings that determine whether it can be reversed.
  Posting Period Issues: The posting period may be closed, preventing any reversals from being processed.
  Document Status: The document you are trying to reverse may be in a status that does not allow for reversal (e.g., it may have already been reversed or settled).
  Configuration Settings: The configuration for Asset Accounting may not allow reversals for certain types of transactions, such as acquisitions or transfers.
  
  Solutions:
  
  
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