How To Fix FR589 - &1/&2/&3: Valuation is during year; reversal is not possible


FR589 - Overview

  • Message type: E = Error

  • Message class: FR - Messages for FI Reporting

  • Message number: 589

  • Message text: &1/&2/&3: Valuation is during year; reversal is not possible

  • Show details Hide details
  • What causes this issue?

    The valuation of document <ZH>&V1&</><ZH> / &V2& / &V3&</> was performed
    as a valuation during the year. This makes the valuation reversal as a
    year-end closing posting <ZH>impossible</>.

    System Response

    The reversal posting is not performed.

    How to fix this error?

    Execute the reversal as a valuation during the year.

    Procedure for System Administrators

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


    Error message extract from SAP system. Copyright SAP SE.


FR589 - Details

  • The SAP error message FR589 indicates that there is an issue with the valuation of an asset during the fiscal year. Specifically, it means that a reversal of a transaction is not possible because the valuation is still active for that year. This typically occurs in the context of asset accounting when trying to reverse a transaction that has already been posted.
    
    Cause: Active Valuation: The error usually arises when there are ongoing valuations for the asset in question. If the asset has been revalued or depreciated in the current fiscal year, reversing a transaction related to that asset may not be allowed. Period Locking: The fiscal period may be locked for posting, preventing any reversals from being processed. Transaction Type: The type of transaction being reversed may not be eligible for reversal under the current accounting rules or settings.
    Solution: Check Valuation Status: Review the asset's valuation status to ensure that there are no ongoing

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