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In certain situations, you need to reprocess a reservation. For example, if you move a reservation to a new listing with a different business model than the original listing. However, reprocessing will be blocked if any transactions already happened, such as the owner getting their share of the reservation, or if the transactions are locked (after the accounting period ended).
Users with certain roles can reprocess a reservation even when it is blocked by transactions/locking period. If you do not have either of those roles, the reservation will not reprocess, but the "Processed on" date will update to the date when you tried to reprocess: