How To Fix ACEPS048 - Opening entries reversed successfully

SAP Error Message - Details

• Message type: E = Error

• Message class: ACEPS - Fehlermeldungen Abgrenzungsbuchungen

• Message number: 048

• Message text: Opening entries reversed successfully

What causes this issue?

In accordance with settings made under C
<DS:SIMG.FIGL_ACE_ACRTYPE_DC>Customizing for accrual types</>, the
system resets all opening entries posted so far by creating inverse
postings (reversals) for them.
If another opening posting is made subsequently, this ensures that the
whole amount to be accrued is posted as the opening posting.
This prevents <DS:TX.ACE_EXCHNGE_RATE_DIFFERENCES>exchange rate
differences</> from arising.

System Response

The system has successfully reversed the opening entries in question.

How to fix this error?

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

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 ACEPS048 - Opening entries reversed successfully ?

  The SAP error message ACEPS048, which states "Opening entries reversed successfully," typically indicates that a reversal of opening entries has been processed successfully in the system. This message is not necessarily an error but rather an informational message indicating that the reversal operation has been completed.
  
  Cause:
  
  Reversal of Opening Entries: This message is generated when a user attempts to reverse opening entries that were previously posted in the system. Opening entries are usually posted at the beginning of a fiscal year to carry forward balances from the previous year.
  User Action: The message is triggered by user actions in the SAP system, such as executing a transaction to reverse opening balances.
  
  
  Solution:
  Since ACEPS048 is an informational message rather than an error, no specific corrective action is required. However, if you are looking to ensure that the reversal was intended and that the system reflects the correct balances, consider the following steps:
  
  Verify Reversal: Check