How To Fix FITVPS345 - For a reduction, the status of the transferred period must be reset

SAP Error Message - Details

• Message type: E = Error

• Message class: FITVPS -

• Message number: 345

• Message text: For a reduction, the status of the transferred period must be reset

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FITVPS345 - For a reduction, the status of the transferred period must be reset ?

  The SAP error message FITVPS345 typically occurs in the context of financial accounting, particularly when dealing with period-end closing processes or adjustments in the context of asset accounting or financial reporting. The error indicates that there is an issue with the status of a transferred period when attempting to perform a reduction (such as a reduction in asset values or adjustments).
  Cause:
  The error message FITVPS345 is usually triggered by one of the following reasons:
  
  
  Period Status: The status of the period you are trying to adjust or reduce is not set to allow changes. For example, if the period is closed or locked for posting, you will not be able to make reductions.
  
  
  Transfer Issues: There may be inconsistencies in the data transfer process, where the status of the period has not been properly reset or updated after a previous transaction.
  
  
  Configuration Issues: There may be configuration settings in the asset accounting module that are preventing the reduction from being processed correctly.
  
  
  Solution:
  To resolve the FITVPS345 error, you can take the following steps:
  
  
  Check Period Status:
  
  Go to the transaction code OB52 (or the relevant transaction for your version) to check the status of the posting periods.
  Ensure that the period you are trying to adjust is open for posting. If it is closed, you may need to open it temporarily to make the necessary adjustments.
  
  
  
  Reset Period Status:
  
  If the period is closed and you need to make adjustments, you may need to reset the status of the period. This can typically be done by an authorized user with the necessary permissions.
  
  
  
  Review Transaction Logs:
  
  Check the transaction logs for any previous postings or adjustments that may have affected the status of the period. This can help identify if there were any issues during the transfer process.
  
  
  
  Consult Configuration:
  
  Review the configuration settings in the asset accounting module to ensure that they are set up correctly. This may involve checking the settings for asset transactions and period-end closing procedures.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS02 (Change Asset), ABAVN (Transfer within Company Code), and OB52 (Open/Close Posting Periods).
  Documentation: Review SAP documentation related to asset accounting and period-end closing processes for additional insights and best practices.
  User Permissions: Ensure that the user attempting to make the changes has the necessary permissions to modify period statuses and perform asset adjustments.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.