How To Fix VF_MEV012 - Item cannot be deleted due to existing period-end valuation for &1 &2

VF_MEV012 - Overview

• Message type: E = Error

• Message class: VF_MEV - Billing Period-End Valuation

• Message number: 012

• Message text: Item cannot be deleted due to existing period-end valuation for &1 &2

What causes this issue?

A goods issue has already been posted for the delivery item you want to
delete. Therefore the delivery item is part of the period-end valuation
for the given period. The period-end valuation is not yet finalized.

System Response

Deletion of the item is not permitted until the period-end valuation for
this delivery item is either reversed or finalized.

How to fix this error?

Remove the delivery item from the period-end valuation by executing the
following steps:
Reverse the goods issue of the delivery item, if not yet done.
If the delivery item has already been transferred to an accrual
document, delete the accrual document. The delivery item will then
re-appear in the period-end verification worklist.
Select the delivery item in the period-end verification worklist and
choose "Revaluate". The delivery item is removed from the worklist and
is no longer part of the period-end valuation.
Delete the delivery item now.
Alternatively you can wait, until the period-end valuation is finished.
However, the period-end valuation is then wrong with respect to this
delivery item, because the sale has not been closed. You have to correct
this by means of a suitable manual FI posting.

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.

VF_MEV012 - Details

• Certainly! Here's a detailed explanation for the SAP error message VF_MEV012:
  
  SAP Error Message: VF_MEV012
  Text:
  Item cannot be deleted due to existing period-end valuation for &1 &2
  
  
  Cause:
  This error occurs when you try to delete an item in a billing document (or related document) that has already been subject to period-end valuation (period-end closing activities such as settlement, profitability analysis, or inventory valuation). The system prevents deletion because the item has been included in financial or controlling period-end processes, and deleting it would cause inconsistencies in accounting or controlling data.
  
  &1 and &2 are placeholders for specific document or item identifiers related to the period-end valuation.
  Typically, this happens if the item has been settled or included in profitability analysis (CO-PA) or other period-end valuation runs.
  The system locks the item to maintain data integrity and prevent discrepancies in financial reporting.
  
  
  
  Solution:
  To resolve this error, you need to ensure that the item is no longer locked by