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

REEXFI348 - Overview

• 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