How To Fix FR593 - &1/&2/&3: Valuation at year-end close; reversal is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 593

• Message text: &1/&2/&3: Valuation at year-end close; reversal is not possible

What causes this issue?

The valuation of document <ZH>&V1&</><ZH> / &V2& / &V3&</> was performed
as a year-end closing posting. Valuation reversal can thus <ZH>not</> be
peformed as a valuation during the year.

System Response

The reversal posting is not performed.

How to fix this error?

Execute the reversal as a year-end closing posting.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR593 - &1/&2/&3: Valuation at year-end close; reversal is not possible ?

  The SAP error message FR593 indicates that there is an issue with the valuation process during the year-end closing in the Financial Accounting (FI) module. Specifically, it states that a reversal of a valuation is not possible. This error typically arises when there are inconsistencies or issues with the valuation of assets or liabilities that need to be addressed before the year-end closing can be completed.
  Cause:
  
  Inconsistent Data: There may be inconsistencies in the data related to asset valuations, such as incorrect postings or missing entries.
  Open Transactions: There could be open transactions that have not been cleared or processed, preventing the reversal of valuations.
  Incorrect Configuration: The configuration settings for year-end closing or asset accounting may not be set up correctly.
  Locked Periods: The accounting period may be locked, preventing any changes or reversals from being made.
  Missing Authorizations: The user may not have the necessary authorizations to perform the reversal.
  
  Solution:
  
  Check Open Transactions: Review and clear any open transactions that may be causing the issue. Ensure that all necessary postings have been made.
  Review Valuation Data: Check the valuation data for any inconsistencies or errors. This may involve reviewing asset master records and related postings.
  Configuration Review: Verify the configuration settings for year-end closing and asset accounting to ensure they are set up correctly.
  Unlock Periods: If the accounting period is locked, consider unlocking it temporarily to allow for necessary adjustments, but ensure this is done in accordance with your organization's policies.
  User Authorizations: Ensure that the user attempting to perform the reversal has the necessary authorizations to do so.
  Consult Documentation: Refer to SAP documentation or support notes related to the FR593 error for specific guidance and troubleshooting steps.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AW01N (Asset Explorer) and F.01 (Financial Statement) to review asset valuations and financial statements.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Year-End Closing Procedures: Review your organization's year-end closing procedures to ensure compliance with best practices and SAP guidelines.
  Testing in Sandbox: If possible, replicate the issue in a sandbox environment to test potential solutions without affecting production data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting.