How To Fix T1245 - Accrual/deferral flows already exist for a later date

T1245 - Overview

• Message type: E = Error

• Message class: T1 - Financial instruments

• Message number: 245

• Message text: Accrual/deferral flows already exist for a later date

Accrual/deferral flows already exist for the transaction whose
calculation period exceeds the termination date. It may be necessary to
reverse these first manually.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T1245 - Accrual/deferral flows already exist for a later date ?

  The SAP error message T1245, "Accrual/deferral flows already exist for a later date," typically occurs in the context of financial accounting when you attempt to post an accrual or deferral entry that conflicts with existing entries for a later date. This can happen in various scenarios, such as when you are trying to adjust or reverse an accrual or deferral entry.
  
  Cause:
  
  Existing Entries: The primary cause of this error is that there are already accrual or deferral entries recorded in the system for a date that is later than the date you are trying to post your new entry.
  Posting Period: The posting period may be closed or restricted, preventing new entries from being posted.
  Incorrect Date: The date you are trying to use for the accrual or deferral may be incorrect or not aligned with the existing entries.
  
  
  Solution:
  
  
  Check Existing Entries: Review the existing accrual and deferral entries in the system for the