How To Fix RECEPR374 - Subsequent measurement for correction level is incorrect

SAP Error Message - Details

• Message type: E = Error

• Message class: RECEPR - Messages for Contract Valuation

• Message number: 374

• Message text: Subsequent measurement for correction level is incorrect

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECEPR374 - Subsequent measurement for correction level is incorrect ?

  The SAP error message RECEPR374 indicates that there is an issue with the subsequent measurement for a correction level in the context of asset accounting or related financial processes. This error typically arises when there is a mismatch or inconsistency in the data related to asset values, depreciation, or adjustments.
  Cause:
  
  Incorrect Configuration: The configuration settings for the asset accounting module may not be set up correctly, particularly regarding the correction levels and subsequent measurements.
  Data Inconsistencies: There may be inconsistencies in the asset master data, such as incorrect values for acquisition costs, accumulated depreciation, or other related fields.
  Posting Errors: Previous postings related to the asset may have been done incorrectly, leading to discrepancies in the expected values for subsequent measurements.
  Missing or Incorrect Transactions: If there are missing transactions that should have been posted for the asset, or if transactions were posted incorrectly, this can lead to the error.
  
  Solution:
  
  Check Configuration: Review the configuration settings for asset accounting, particularly the settings related to correction levels and subsequent measurements. Ensure that they are set up according to your organization's accounting policies.
  Review Asset Master Data: Check the asset master data for any inconsistencies or errors. Ensure that all values are correct and that there are no missing entries.
  Analyze Previous Postings: Look into the history of postings for the asset in question. Identify any incorrect postings and correct them as necessary.
  Run Asset Reports: Use SAP reports to analyze the asset's values and transactions. Reports like the Asset History Sheet (S_ALR_87011990) can help identify discrepancies.
  Consult Documentation: Refer to SAP documentation or notes related to the error message for any specific guidance or patches that may address the issue.
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to manage asset data.
  SAP Notes: Search for SAP Notes related to the error message for any known issues or fixes.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the RECEPR374 error and implement the necessary corrections to resolve it.