How To Fix ACEPS047 - The closing entries for &1 / &2 have been reset

SAP Error Message - Details

• Message type: E = Error

• Message class: ACEPS - Fehlermeldungen Abgrenzungsbuchungen

• Message number: 047

• Message text: The closing entries for &1 / &2 have been reset

What causes this issue?

The closing entries posted thus far in the Accrual Engine for the
following accrual subobject have been reset:
Accrual object (internal display): &V1&
Accrual subobject (interne display): &V2&

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?

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 ACEPS047 - The closing entries for &1 / &2 have been reset ?

  The SAP error message ACEPS047 indicates that the closing entries for a specific company code and fiscal year have been reset. This typically occurs in the context of the year-end closing process in SAP, particularly in the Financial Accounting (FI) module.
  Cause:
  
  
  Resetting of Closing Entries: The error usually arises when the closing entries for a company code (represented by &1) and a fiscal year (represented by &2) have been reset. This can happen if:
  
  The closing process was not completed successfully.
  There was a manual intervention that reset the closing entries.
  A program or transaction was executed that inadvertently reset the closing status.
  
  
  
  Incorrect Configuration: There may be issues with the configuration settings related to the closing process in the system.
  
  
  Data Integrity Issues: There could be inconsistencies or errors in the data that prevent the system from recognizing the closing entries.
  
  
  Solution:
  
  
  Check Closing Status: Verify the status of the closing entries for the specified company code and fiscal year. You can do this by using transaction codes like OB52 (to check the posting periods) or S_ALR_87012357 (to view the closing balance).
  
  
  Re-run Closing Process: If the closing entries were reset, you may need to re-run the closing process for the fiscal year. This can be done using the appropriate transaction codes for year-end closing, such as F.01 (Financial Statement) or F.16 (Closing Entries).
  
  
  Review Configuration: Check the configuration settings in the system to ensure that they are set up correctly for the closing process. This includes reviewing the settings in the Financial Accounting module.
  
  
  Consult Documentation: Refer to SAP documentation or notes related to the ACEPS047 error message for specific guidance and troubleshooting steps.
  
  
  Contact SAP Support: If the issue persists and you are unable to resolve it, consider reaching out to SAP support for assistance. They can provide more detailed insights based on your specific system configuration and version.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for financial closing processes, such as:
  
  F.01: Financial Statements
  F.16: Closing Entries
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Search for SAP Notes related to ACEPS047 for any patches or updates that may address known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to diagnose and resolve the ACEPS047 error in your SAP system.