How To Fix 1G426 - Account balancing for account &2 (bank area &1 ) not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 426

• Message text: Account balancing for account &2 (bank area &1 ) not possible

What causes this issue?

The account balancing had to be terminated to avoid duplicate data.

System Response

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

How to fix this error?

Check the error messages for the account balancing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1G426 - Account balancing for account &2 (bank area &1 ) not possible ?

  The SAP error message 1G426 indicates that there is an issue with account balancing for a specific account in a given bank area. This error typically arises in the context of financial transactions, particularly when dealing with bank accounts in the SAP system.
  Cause:
  The error message 1G426 can be caused by several factors, including:
  
  Incorrect Account Configuration: The account specified may not be properly configured for the bank area in question.
  Missing or Incorrect Balancing Entries: There may be missing entries that are required to balance the account.
  Posting Period Issues: The posting period may be closed or not open for the transaction being attempted.
  Currency Mismatches: If the transaction involves multiple currencies, there may be discrepancies in currency conversion or balances.
  Transaction Type Restrictions: Certain transaction types may not be allowed for the specified account or bank area.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Verify that the account specified in the error message is correctly configured for the bank area. This includes checking the account type, settings, and any relevant parameters.
  
  
  
  Review Balancing Entries:
  
  Ensure that all necessary entries for balancing are present. You may need to look at the transaction history for the account to identify any missing entries.
  
  
  
  Examine Posting Periods:
  
  Check if the posting period is open for the transaction you are trying to execute. If it is closed, you may need to open it or post the transaction in a different period.
  
  
  
  Currency Checks:
  
  If the transaction involves multiple currencies, ensure that the currency conversion rates are correct and that the balances are consistent.
  
  
  
  Transaction Type Validation:
  
  Confirm that the transaction type you are trying to post is allowed for the specified account and bank area. You may need to consult your financial configuration settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be relevant to your situation.
  
  
  
  Related Information:
  
  Transaction Codes: You may want to use transaction codes like FB03 (Display Document) or FBL1N (Vendor Line Item Display) to investigate the transactions related to the account.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Authorizations: Ensure that you have the necessary authorizations to perform the transactions related to the account and bank area.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financials for further assistance.