How To Fix GK747 - &1 documents cannot be reversed in prior periods

GK747 - Overview

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 747

• Message text: &1 documents cannot be reversed in prior periods

What causes this issue?

Periods can not be reversed in periods which are before the periods in
which they were originally posted. But in the selection &V1& documents
are included, which, in accordance with the entries in the selection
screen, have to be reversed in previous periods.

System Response

The documents which are concerned are not reversed.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

GK747 - Details

• The SAP error message GK747 indicates that certain documents cannot be reversed in prior periods. This typically occurs in the context of financial accounting and controlling, where there are restrictions on reversing transactions that have already been posted in closed periods.
  
  Cause:
  
  Period Closure: The most common cause of this error is that the financial period in which the documents were posted has been closed. SAP restricts changes to closed periods to maintain the integrity of financial reporting.
  Document Type Restrictions: Certain document types may have specific settings that prevent reversal in prior periods.
  Configuration Settings: The system may be configured to disallow reversals for specific accounts or transaction types in prior periods.
  
  
  Solution:
  
  Open the Period: If you have the necessary authorizations, you can open the closed period in the financial settings. This allows for the reversal of the documents. However, this should be done with caution and typically requires approval from management or finance.
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