AA553 - Reversing transaction type & is not allowed.

SAP Error Message - Details

• Message type: E = Error

• Message class: AA - Messages for Asset Accounting

• Message number: 553

• Message text: Reversing transaction type & is not allowed.

What causes this issue?

The reversal of the document was cancelled, since the document
contains transaction type &V1& from the takeover of old data.
These asset transactions cannot be reversed.

How to fix this error?

If the takeover of old data has not yet been completed in this
company code, you can carry out the required correction directly in
the old asset taken over.
However, if the company code is already productive, you have to make
the correction posting with the usual transaction types for
acquisitions or down payments.

Error message extract from SAP system. Copyright SAP SE.

AnswerBot

• What is the cause and solution for SAP error message AA553 - Reversing transaction type & is not allowed. ?

  The SAP error message AA553, which states "Reversing transaction type & is not allowed," typically occurs in the context of Asset Accounting (FI-AA) when you attempt to reverse a transaction that is not permitted for the specified transaction type. This can happen for various reasons, including configuration settings or the nature of the transaction itself.
  Causes:
  
  Transaction Type Restrictions: The transaction type you are trying to reverse may not be configured to allow reversals. Each transaction type in SAP can have specific settings that determine whether it can be reversed.
  Posting Period Issues: The posting period may be closed, preventing any reversals from being processed.
  Document Status: The document you are trying to reverse may be in a status that does not allow for reversal (e.g., it may have already been reversed or settled).
  Configuration Settings: The configuration for Asset Accounting may not allow reversals for certain types of transactions, such as acquisitions or transfers.
  
  Solutions:
  
  
  Check Transaction Type Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction code: OAYZ).
  Review the settings for the transaction type you are trying to reverse. Ensure that the "Reversal allowed" option is enabled.
  
  
  
  Verify Posting Period:
  
  Check if the posting period is open for the transaction you are trying to reverse. You can do this in the transaction code OB52 to see the status of the posting periods.
  If the period is closed, you may need to open it temporarily to perform the reversal.
  
  
  
  Review Document Status:
  
  Check the status of the document you are trying to reverse. If it has already been reversed or is in a state that does not allow for further changes, you may need to take a different approach.
  
  
  
  Consult with Configuration Team:
  
  If you are unsure about the configuration settings or need to make changes, consult with your SAP configuration team or a functional consultant who specializes in Asset Accounting.
  
  
  
  Use Alternative Methods:
  
  If the reversal is not allowed, consider using alternative methods to correct the transaction, such as posting a manual adjustment or correction entry.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AB08: Reverse Asset Transaction
  AB01: Asset Acquisition
  AB02: Asset Transfer
  
  
  Documentation: Review SAP documentation or help files related to Asset Accounting for more detailed information on transaction types and their configurations.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide updates related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution. If the issue persists, consider reaching out to SAP support for further assistance.