How To Fix ACE_RECON000 - Check the amount of cumulative asset balance sheet for &1/&2.

ACE_RECON000 - Overview

• Message type: E = Error

• Message class: ACE_RECON - Accrual Engine migration: Messages from reconciliation

• Message number: 000

• Message text: Check the amount of cumulative asset balance sheet for &1/&2.

What causes this issue?

The amount of cumulative asset balance sheet of the current year is
supposed to be equal to the amount of cumulative asset balance sheet
posted in the previous year plus the amount of asset balance sheet
posted in current year.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check field VALCAP in table ACEPSOI for accrual object &V1&/&V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

ACE_RECON000 - Details

• The SAP error message ACE_RECON000 typically indicates an issue with the reconciliation of asset balances in the Asset Accounting (FI-AA) module. This error occurs when there is a discrepancy in the cumulative asset balance sheet for a specific fiscal year and period.
  
  Cause:
  
  Data Inconsistency: There may be inconsistencies in the asset master data or transaction data that affect the cumulative balance.
  Posting Errors: Incorrect postings or missing postings in the asset accounting can lead to discrepancies.
  Period Closing Issues: If the fiscal year or period has been closed incorrectly, it can cause issues with the cumulative balances.
  
  Configuration Issues: Incorrect configuration settings in the Asset Accounting module can also lead to this error.
  
  
  Solution:
  
  Check Asset Balances: Review the asset balances for the specified fiscal year and period. Use transaction codes like AW01N (Asset Explorer) to check the details.
  Reconcile Transactions: Ensure that all asset transactions (acquisitions, retirements, transfers, etc.) have been posted correctly. Look for any