How To Fix UCFR007 - Restatement &1: Reference statement &2 does not exist

UCFR007 - Overview

• Message type: E = Error

• Message class: UCFR - Messages for Restatements

• Message number: 007

• Message text: Restatement &1: Reference statement &2 does not exist

What causes this issue?

<DS:DE.UC_RESTAT>Restatement</> &V1& references the
<DS:DE.UC_RESTAT_REF>reference restatement</> &V2&. This value does <ZH>
not</> exist.

System Response

You cannot save your changes.

How to fix this error?

Assign an existing reference restatement or use a different
<DS:DE.UC_RESTAT_REFTYPE>reference type</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCFR007 - Restatement &1: Reference statement &2 does not exist ?

  The SAP error message UCFR007 indicates that there is an issue with a restatement process in the context of financial reporting. Specifically, the message states that a reference statement (identified by &2) does not exist for the restatement (identified by &1) you are trying to process. This can occur in various scenarios, such as when attempting to generate financial statements or reports that rely on prior periods or reference data.
  
  Cause:
  
  
  Missing Reference Statement: The reference statement that you are trying to use for the restatement does not exist in the system. This could be due to:
  
  The reference statement was never created.
  The reference statement was deleted or archived.
  There is a typo or incorrect reference in the configuration or input.
  
  
  
  Incorrect Configuration: The configuration settings for the financial reporting or restatement process may not be set up correctly, leading to the system being unable to locate the required reference statement.
  
  
  Data Migration Issues: If data