How To Fix 1FA449 - Account &1: The entry for the bank statement at term end was unsuccessful

1FA449 - Overview

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 449

• Message text: Account &1: The entry for the bank statement at term end was unsuccessful

What causes this issue?

The system did not enter the term end date for the next bank statement
date. You need to enter this manually in the account, by choosing
transaction F9K2. Enter the term end for the current term agreement in
the <LS>Next Date</> field on the <LS>Bank Statement</> tab page.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1FA449 - Account &1: The entry for the bank statement at term end was unsuccessful ?

  The SAP error message 1FA449 indicates that there was an issue with processing a bank statement at the end of a term for a specific account. This error typically arises during the reconciliation process or when trying to post bank statements in the Financial Accounting (FI) module.
  
  Cause:
  The error can be caused by several factors, including:
  
  Incorrect Configuration: The bank account may not be properly configured in the system, leading to issues during the reconciliation process.
  Missing Data: Required data for the bank statement processing may be missing or incomplete.
  Posting Period Issues: The posting period may be closed, preventing any new entries from being posted.
  Authorization Issues: The user may not have the necessary authorizations to perform the bank statement processing.
  Technical Issues: There may be underlying technical issues, such as problems with the database or application server.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration:
  
  Ensure that the bank account is correctly configured