How To Fix J2362 - &4 Financial transaction reversed; no costing was carried out

SAP Error Message - Details

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 362

• Message text: &4 Financial transaction reversed; no costing was carried out

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message J2362 - &4 Financial transaction reversed; no costing was carried out ?

  The SAP error message J2362, which states "Financial transaction reversed; no costing was carried out," typically occurs in the context of financial transactions in SAP, particularly when dealing with cost accounting and financial postings. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  
  Reversal of Financial Transactions: The error often arises when a financial transaction that has been reversed does not have a corresponding costing entry. This can happen if the original transaction was not fully processed or if the reversal was done incorrectly.
  
  
  Missing Costing Information: If the transaction was supposed to generate a cost entry but did not due to configuration issues or missing data, the system will not be able to process the reversal correctly.
  
  
  Incorrect Configuration: There may be issues with the configuration of the controlling area, cost centers, or other related settings that prevent proper costing from being executed.
  
  
  Posting Period Issues: If the posting period is closed or if there are restrictions on posting to certain periods, this can lead to issues with costing.
  
  
  Document Type Restrictions: Certain document types may have restrictions that prevent costing from being executed.
  
  
  Solutions:
  
  
  Check the Original Transaction: Review the original financial transaction to ensure that it was posted correctly and that all necessary costing information was generated.
  
  
  Verify Configuration Settings: Check the configuration settings for the controlling area, cost centers, and any related settings to ensure they are set up correctly.
  
  
  Posting Period: Ensure that the posting period is open for the transaction you are trying to reverse. If it is closed, you may need to reopen it or use a different period.
  
  
  Repost the Transaction: If the original transaction was not posted correctly, you may need to repost it before attempting the reversal again.
  
  
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to your system configuration and the error message.
  
  
  Use Transaction Codes: Utilize relevant transaction codes (like FB08 for reversing financial documents) to ensure that the reversal process is being followed correctly.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions for common errors.
  Transaction Logs: Review transaction logs for any additional error messages or warnings that may provide more context about the issue.
  User Authorizations: Ensure that the user attempting the reversal has the necessary authorizations to perform the action.
  
  If the issue persists after trying the above solutions, it may be beneficial to engage with SAP support or a consultant who specializes in SAP financial modules for further assistance.