Run number &1 in company code &2 cannot be reversed on &3

What causes this issue?

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

System Response

You want to reverse run number &V1& in company code &V2&. This cannot
be done.
Possible causes:
Run number &V1& does not exist
Run number &V1& is not the last non-reversed run. Only the last
periodic run can be reversed.

How to fix this error?

Check your entries or check the parameters of run &V1& (view
V_ACEPSPPLOG).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.