SAP Message VHURL708 - Account &1: initial statement creation terminated

Diagnosis
You tried to create an initial statement for account &V1&. However,this account already has account statements or an initial statement.The delimitation date of the initial statement or the last actualstatement is &V2&.
It is not possible to create an initial statement for an account thatalready has an initial statement or actual statements.

System Response
Creation of initial statement for this account is terminated.