How To Fix AW385 - You can only reverse settlement using posting date starting on &

SAP Error Message - Details

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 385

• Message text: You can only reverse settlement using posting date starting on &

What causes this issue?

You can only reverse the settlement of an asset under construction
using the same date as the last settlement, or a later date.

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?

Enter &V1& as posting date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AW385 - You can only reverse settlement using posting date starting on & ?

  The SAP error message AW385 indicates that you are trying to reverse a settlement in a period that is not allowed based on the posting date. This error typically occurs when the posting date of the reversal is earlier than the date specified in the error message.
  Cause:
  The error arises due to the following reasons:
  
  Posting Date Restrictions: SAP has certain restrictions on reversing settlements based on the posting date. The system may prevent reversals in closed periods or periods that are not allowed for financial transactions.
  Period Locking: The financial periods may be locked for posting, which means that any transactions, including reversals, cannot be processed in those periods.
  Configuration Settings: The configuration settings in the system may restrict reversals to certain periods or dates.
  
  Solution:
  To resolve the AW385 error, you can take the following steps:
  
  
  Check Posting Date: Ensure that the posting date you are using for the reversal is on or after the date specified in the error message. Adjust the posting date accordingly.
  
  
  Open the Period: If the period is closed, you may need to open it for posting. This can be done by:
  
  Navigating to the transaction code OB52 (Change View "Periods": Overview).
  Adjusting the period settings to allow postings for the required date range.
  
  
  
  Consult with Finance Team: If you are unsure about changing period settings, consult with your finance team or SAP administrator to ensure compliance with accounting policies.
  
  
  Review Configuration: If the issue persists, review the configuration settings related to settlement and period control in your SAP system. This may require assistance from an SAP consultant or administrator.
  
  
  Use Alternative Methods: If reversing the settlement is not possible due to restrictions, consider alternative methods such as creating a new settlement or adjusting the original transaction if applicable.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KSV5 (Display Settlement) and KSV6 (Reverse Settlement) for managing settlements.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message.
  Documentation: Review SAP documentation on settlement processes and period control to understand the implications of reversing settlements.
  
  By following these steps, you should be able to address the AW385 error and successfully reverse the settlement if the conditions allow it.