How To Fix FB734 - You can only reset clearing tranaction from & & & with reversal

SAP Error Message - Details

• Message type: E = Error

• Message class: FB - Batch Programs

• Message number: 734

• Message text: You can only reset clearing tranaction from & & & with reversal

What causes this issue?

The clearing transaction for document & & & can only be reset due to
inconsistencies if the document is then reversed.

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 FB734 - You can only reset clearing tranaction from & & & with reversal ?

  The SAP error message FB734 indicates that you are trying to reset a clearing transaction, but the system requires that you perform a reversal instead. This error typically occurs in the context of financial accounting when dealing with clearing accounts, such as accounts receivable or accounts payable.
  Cause:
  The error arises when:
  
  You attempt to reset a clearing transaction that has already been cleared.
  The system recognizes that the transaction cannot be reset directly and requires a reversal of the original transaction instead.
  
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Identify the Clearing Document: Check the clearing document number mentioned in the error message. This will help you understand which transaction is causing the issue.
  
  
  Reversal of the Clearing Document:
  
  Use transaction code FB08 (Reverse Document) to reverse the clearing document.
  Enter the document number and the fiscal year, and execute the reversal.
  Ensure that you have the necessary authorizations to perform this action.
  
  
  
  Repost the Transaction: After successfully reversing the clearing document, you can repost the transaction as needed.
  
  
  Check for Dependencies: Ensure that there are no other dependencies or linked transactions that might affect the reversal process.
  
  
  Consult Documentation: If you are unsure about the process or the implications of reversing a transaction, consult your organization's financial documentation or reach out to your SAP support team.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB03 (Display Document), FB05 (Post with Clearing), and FB08 (Reverse Document).
  Authorization: Ensure you have the necessary permissions to perform reversals and modifications in the financial module.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or additional guidance provided by SAP.
  
  By following these steps, you should be able to resolve the FB734 error and proceed with your financial transactions in SAP.