How To Fix REXCRAMS023 - Object already settled in following year

SAP Error Message - Details

• Message type: E = Error

• Message class: REXCRAMS - Messages for Main Rent Statement

• Message number: 023

• Message text: Object already settled in following year

What causes this issue?

The current object was already settled in the following year.
It is therefore not possible to create an adjustment document.

System Response

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 REXCRAMS023 - Object already settled in following year ?

  The SAP error message REXCRAMS023, which states "Object already settled in following year," typically occurs in the context of Asset Accounting (FI-AA) or Cost Accounting (CO) when you attempt to perform a transaction that involves an asset or cost object that has already been settled in a subsequent fiscal year. This can happen during processes like settlement of internal orders, projects, or assets.
  Cause:
  
  Settlement Already Processed: The object (e.g., internal order, project, or asset) has already been settled in the next fiscal year, which means that the system has already recorded the financial impact of that object for that period.
  Fiscal Year Change: If you are trying to post or settle transactions in a fiscal year that has already been closed or where the object has been settled, the system will prevent this to maintain data integrity.
  Incorrect Period: You may be trying to perform a transaction in a period that is not open for posting or is not valid for the object in question.
  
  Solution:
  
  Check Settlement Status: Verify the settlement status of the object in question. You can do this by checking the relevant reports or transaction codes (e.g., KOB1 for internal orders, AW01N for assets).
  Open the Correct Period: If you need to make adjustments, ensure that the fiscal period you are trying to post to is open. You may need to consult with your financial team to open the period if necessary.
  Reverse Previous Settlements: If applicable, you may need to reverse the previous settlement in the following year before you can perform the desired transaction. This should be done with caution and in accordance with your organization's policies.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to your configuration and business processes.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  KOB1: Display Actual Line Items for Internal Orders
  AW01N: Asset Explorer
  CJI3: Project Actual Line Items
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to perform the actions you are attempting.
  Consult with Finance Team: Collaborate with your finance or controlling team to understand the implications of reversing settlements or making adjustments.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support for further assistance.