How To Fix KD547 - Reversal not possible; last settlement was in period & &

KD547 - Overview

• Message type: E = Error

• Message class: KD - CO Settlement

• Message number: 547

• Message text: Reversal not possible; last settlement was in period & &

What causes this issue?

You can only reverse the last settlement carried out. This was in
period &V1& &V2&. This is not the same as period &V3& &V4& which you
have entered.

How to fix this error?

Check whether the settlement for the specified period can still be
reversed, and correct your entry if necessary.

Error message extract from SAP system. Copyright SAP SE.

KD547 - Details

• The SAP error message KD547 ("Reversal not possible; last settlement was in period & &") typically occurs in the context of controlling (CO) when you attempt to reverse a settlement document for a cost object (like an internal order or a cost center) that has already been settled in a previous period. This error indicates that the system does not allow the reversal because the last settlement was completed in a closed period.
  
  Cause:
  
  Closed Period: The most common cause of this error is that the last settlement for the cost object was executed in a period that is now closed. In SAP, once a period is closed, certain transactions cannot be reversed or modified.
  Settlement Document: The settlement document may have been posted to a financial accounting period that is no longer open for adjustments.
  Configuration Settings: There may be specific configuration settings in the controlling module that restrict reversals under certain conditions.
  
  
  Solution:
  
  Open