How To Fix ACE_S4071 - Failed to terminate accrual subobject prematurely for &1.

ACE_S4071 - Overview

• Message type: E = Error

• Message class: ACE_S4 - Messages for S/4HANA Accrual Engine

• Message number: 071

• Message text: Failed to terminate accrual subobject prematurely for &1.

What causes this issue?

The review or approval process is activated for combination: company
code &V2&/accrual item type &V3&/ledger group &V4&.

System Response

It is allowed to set an accrual subobject as premature finished when all
accrual items types of the subobject meet one of the following
conditions:
No need of closing posting
Closing posting is configured while review or approval is not activated

How to fix this error?

Change the accrual item type settings in customizing view
<DS:SIMG.VC_TACE_ITEMTY>Define Accrual Item Types.</>

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACE_S4071 - Failed to terminate accrual subobject prematurely for &1. ?

  The SAP error message ACE_S4071, which states "Failed to terminate accrual subobject prematurely for &1," typically occurs in the context of the Accrual Engine in SAP. This error indicates that there was an issue with the termination of an accrual subobject, which is part of the financial accounting processes related to accruals and deferrals.
  
  Cause:
  
  Data Inconsistency: There may be inconsistencies in the data related to the accrual subobject that is being processed.
  
  Configuration Issues: Incorrect configuration settings in the Accrual Engine or related modules can lead to this error.
  System Bugs: There may be bugs or issues in the version of SAP you are using that affect the accrual processing.
  Authorization Issues: Lack of proper authorizations for the user trying to perform the action can also lead to this error.
  
  
  Solution:
  
  Check Data Consistency: Verify the data related to the accrual subobject. Ensure that all necessary fields are populated correctly and that there are no inconsistencies.
  Review