How To Fix REEXFI348 - Clearing document &1 will be canceled

SAP Error Message - Details

• Message type: E = Error

• Message class: REEXFI - Messages for Interface to FI

• Message number: 348

• Message text: Clearing document &1 will be canceled

What causes this issue?

The clearing for document &V1& cannot be reset without reversing the
document. The reversal of the clearing document may be necessary if
there is a clearing in a third currency, there are exchange rate
differences, or a net document is cleared.

System Response

The clearing document is reversed.

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message REEXFI348 - Clearing document &1 will be canceled ?

  The SAP error message REEXFI348, which states "Clearing document &1 will be canceled," typically occurs in the context of financial accounting when there is an issue with a clearing document in the system. This error can arise due to various reasons, and understanding the cause is essential for finding a solution.
  Causes:
  
  Inconsistent Data: The clearing document may have inconsistent or incorrect data, such as mismatched amounts or incorrect account assignments.
  Posting Errors: There may be errors in the postings that were made against the clearing document, leading to discrepancies.
  Document Locking: The document might be locked by another user or process, preventing it from being processed or cleared.
  Configuration Issues: There could be configuration issues in the financial accounting settings that affect how clearing documents are processed.
  Missing or Incorrect Master Data: Related master data (like vendor or customer accounts) may be missing or incorrectly set up, leading to issues with the clearing process.
  
  Solutions:
  
  Check Document Status: Review the status of the clearing document in question. Ensure that it is not locked and that all related postings are correct.
  Review Related Documents: Check the documents that are being cleared. Ensure that they are correctly posted and that there are no discrepancies in amounts or account assignments.
  Analyze Error Logs: Use transaction codes like SLG1 (Application Log) to check for any detailed error messages or logs that can provide more context on the issue.
  Repost Transactions: If there are errors in the postings, consider reversing and reposting the transactions to correct any inconsistencies.
  Consult Configuration: Review the configuration settings in the Financial Accounting module to ensure that they are set up correctly for clearing processes.
  Master Data Verification: Verify that all relevant master data is complete and accurate. This includes checking vendor/customer accounts and ensuring they are properly configured.
  Seek Help from SAP Support: If the issue persists and cannot be resolved through the above steps, consider reaching out to SAP support for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB03 (Display Document), FBL1N (Vendor Line Item Display), and FBL5N (Customer Line Item Display) to analyze the documents involved.
  SAP Notes: Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  User Authorization: Ensure that the user has the necessary authorizations to perform clearing operations, as lack of permissions can also lead to errors.
  
  By following these steps, you should be able to identify the cause of the REEXFI348 error and implement a solution to resolve it.