How To Fix 1G584 - No balancing has been executed yet as a nostro account

1G584 - Overview

• Message type: E = Error

• Message class: 1G - BKK: Konditionen

• Message number: 584

• Message text: No balancing has been executed yet as a nostro account

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1G584 - No balancing has been executed yet as a nostro account ?

  The SAP error message 1G584 indicates that no balancing has been executed for a nostro account. This typically occurs in the context of financial transactions, particularly in banking and treasury management, where nostro accounts are used to manage foreign currency transactions and balances.
  
  Cause:
  The error can arise due to several reasons:
  
  No Balancing Run Executed: The most common cause is that a balancing run has not been executed for the specified nostro account. Balancing runs are necessary to ensure that the transactions are properly reconciled and that the account balances are accurate.
  
  Configuration Issues: There may be configuration issues in the system that prevent the balancing run from being executed.
  Data Entry Errors: Incorrect or incomplete data entries related to the nostro account can also lead to this error.
  Timing Issues: The error may occur if the system is expecting a balancing run to have been executed at a certain time, but it has not