How To Fix FVD_ESCROW073 - Deletion of escrow account not possible - posted records exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FVD_ESCROW - Message Class ESCROW

• Message number: 073

• Message text: Deletion of escrow account not possible - posted records exist

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

What causes this issue?

The system could not delete this escrow account because there are
already posted records for the conditions for this account.

System Response

How to fix this error?

Reverse the posted records and delete the account again.

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 FVD_ESCROW073 - Deletion of escrow account not possible - posted records exist ?

  The SAP error message FVD_ESCROW073 indicates that you are trying to delete an escrow account, but the system has found posted records associated with that account. This is a common restriction in SAP to ensure data integrity and prevent the accidental loss of important financial records.
  Cause:
  The primary cause of this error is that there are one or more financial transactions or postings that have been recorded against the escrow account you are attempting to delete. SAP does not allow the deletion of accounts that have posted records to maintain the integrity of financial data.
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Identify Posted Records:
  
  Use transaction codes such as FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to check for any posted transactions related to the escrow account.
  You can also use the FVD1 transaction to view the details of the escrow account and see if there are any associated postings.
  
  
  
  Clear or Reverse Transactions:
  
  If you find posted records that are no longer needed, you may need to reverse or clear these transactions. This can be done using appropriate reversal transactions (e.g., FB08 for reversing a document).
  Ensure that you have the necessary authorizations and that reversing these transactions complies with your organization's financial policies.
  
  
  
  Delete or Archive Records:
  
  If the posted records are historical and can be archived, consider archiving them if your organization has an archiving strategy in place.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about which transactions can be reversed or deleted, consult with your finance or accounting team to ensure that you are not affecting important financial data.
  
  
  
  Retry Deletion:
  
  Once all associated posted records have been cleared or reversed, attempt to delete the escrow account again.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing escrow accounts and financial postings, such as FVD1 (Create Escrow Account), FVD2 (Change Escrow Account), and FVD3 (Display Escrow Account).
  Documentation: Review SAP documentation or your organization's internal guidelines regarding the management of escrow accounts and financial postings.
  User Authorizations: Ensure that you have the necessary authorizations to perform the actions required to resolve this error.
  
  By following these steps, you should be able to resolve the error and successfully delete the escrow account if it is no longer needed.