How To Fix ACE_RECON002 - Check the amount of posted asset balance sheet by year for &1/&2.

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 002

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

What causes this issue?

The amount of the asset balance sheet posted of the current year is
supposed to be equal to the amount of asset balance sheet posted in all
periods of the 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?

Compare the field VALCAP in table ACEPSOI with the field VALTBP in table
ACEPSOIT for accrual object &V1&/&V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACE_RECON002 - Check the amount of posted asset balance sheet by year for &1/&2. ?

  The SAP error message ACE_RECON002 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 posted asset balance sheet amounts for a specific asset or group of assets across different years.
  Cause:
  
  Data Inconsistency: There may be inconsistencies in the asset balances due to incorrect postings, missing transactions, or manual adjustments that were not properly recorded.
  Year-End Closing Issues: If the year-end closing process was not executed correctly, it could lead to discrepancies in the asset balances.
  Configuration Issues: Incorrect configuration settings in the Asset Accounting module can also lead to this error.
  Posting Errors: Errors during asset postings, such as incorrect amounts or wrong periods, can cause discrepancies.
  
  Solution:
  
  Check Asset Balances: Review the asset balances for the specified asset (&1) and year (&2) to identify any discrepancies. You can use transaction codes like AW01N (Asset Explorer) to view detailed asset information.
  Reconcile Transactions: Ensure that all asset transactions (acquisitions, retirements, transfers, etc.) are correctly posted and reconciled. Look for any missing or incorrect postings.
  Run Reconciliation Reports: Use the standard SAP reports for asset reconciliation (e.g., S_ALR_87011963 - Asset Balances) to identify discrepancies and take corrective actions.
  Check Year-End Closing: Verify that the year-end closing process has been completed successfully for the relevant years. If not, you may need to re-run the closing process.
  Consult Configuration: Review the configuration settings in the Asset Accounting module to ensure they are set up correctly. This includes checking the settings for asset classes, depreciation areas, and posting periods.
  Use Transaction OASV: You can use transaction OASV to check for inconsistencies in the asset balances and run the necessary corrections.
  Seek Help from SAP Support: If the issue persists and you cannot identify the cause, consider reaching out to SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AW01N (Asset Explorer), S_ALR_87011963 (Asset Balances), and OASV (Asset Accounting: Check Consistency).
  Documentation: Review SAP documentation and notes related to Asset Accounting and reconciliation processes for additional guidance.
  User Forums: Engage with SAP user communities and forums for shared experiences and solutions from other users who may have encountered similar issues.
  
  By following these steps, you should be able to identify and resolve the cause of the ACE_RECON002 error in SAP.