How To Fix FVKM008 - Unable to reverse issue crcy changeover, since new bus. transact. exists

SAP Error Message - Details

• Message type: E = Error

• Message class: FVKM - Message Class for Corporate Actions

• Message number: 008

• Message text: Unable to reverse issue crcy changeover, since new bus. transact. exists

What causes this issue?

The issue currency changeover cannot be reversed. After the changeover
of the issue currency, new business transaction &V1& was created on
&V2& in company code &V3& for ID number &V4&. The currency of this new
transaction cannot be reset to the old issue currency by the reversal
of the currency changeover.

System Response

The issue currency changeover cannot be reversed.

How to fix this error?

First reverse the business transaction mentioned above.

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 FVKM008 - Unable to reverse issue crcy changeover, since new bus. transact. exists ?

  The SAP error message FVKM008, which states "Unable to reverse issue currency changeover, since new business transaction exists," typically occurs in the context of financial transactions, particularly when dealing with currency changes in the system. This error indicates that there are existing business transactions that prevent the reversal of a currency changeover.
  Cause:
  
  Existing Transactions: The primary cause of this error is that there are new or unprocessed business transactions that have been recorded after the currency changeover was initiated. These transactions may include postings, invoices, or other financial entries that are linked to the currency in question.
  Currency Changeover Process: The currency changeover process in SAP involves converting transactions from one currency to another. If there are subsequent transactions that depend on the original currency, the system will not allow the reversal of the changeover.
  Data Integrity: SAP maintains data integrity and consistency, and reversing a currency changeover could lead to inconsistencies if there are dependent transactions.
  
  Solution:
  
  Identify Dependent Transactions: Review the transactions that have been posted after the currency changeover. You can use transaction codes like FB03 (Display Document) or FBL1N (Vendor Line Item Display) to check for any related postings.
  Postpone Reversal: If there are valid transactions that need to remain, consider postponing the reversal of the currency changeover until those transactions are resolved or reversed.
  Reverse Transactions: If possible, reverse or delete the transactions that are causing the issue. Ensure that this is done in accordance with your organization's financial policies and procedures.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance on handling currency changeovers and related transactions.
  Use Transaction Codes: Utilize transaction codes like OB08 (Maintain Exchange Rates) to check and maintain exchange rates if necessary.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message. SAP frequently releases updates that may address known issues.
  Transaction Codes: Familiarize yourself with relevant transaction codes that can help in managing currency and financial transactions, such as:
  
  FB01: Post Document
  FB02: Change Document
  FB03: Display Document
  F-02: General Posting
  
  
  User Roles: Ensure that you have the appropriate user roles and permissions to perform the necessary actions related to financial transactions and currency changeovers.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP financial modules for further assistance.