How To Fix ACC_AA032 - Company code &2: Assign accounting principle &1 to ledger &4

ACC_AA032 - Overview

• Message type: E = Error

• Message class: ACC_AA - Message Class for Function Group ACC_AA

• Message number: 032

• Message text: Company code &2: Assign accounting principle &1 to ledger &4

What causes this issue?

The accounting principle &V1& is <ZH>not</> assigned to ledger &V4&
(from ledger group &V3&) in company code &V2&.

System Response

Processing is terminated.

How to fix this error?

Assign accounting principle &V1& to ledger &V4& in company code &V2& in
<LS>Financial Accounting Global Settings</> under
<DS:SIMG.FINSVC_LEDGER.7CA8DF3FF0A09B1EE10000000A15509D>Define Settings
for Journal Entry Ledger</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

ACC_AA032 - Details

• The SAP error message ACC_AA032 indicates that there is an issue with the assignment of an accounting principle to a ledger in the context of Asset Accounting (FI-AA). This error typically arises when the system cannot find a valid assignment of the specified accounting principle to the specified ledger for the given company code.
  
  Cause:
  
  Missing Assignment: The accounting principle (e.g., local GAAP, IFRS) has not been assigned to the ledger in the configuration settings.
  Incorrect Configuration: The ledger may not be properly configured to use the specified accounting principle.
  Company Code Settings: The company code may not have the necessary settings to support the accounting principle and ledger combination.
  
  
  Solution:
  To resolve the error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Integration > Define Accounting Principles.
  Ensure that the accounting principle (e.g., &1) is assigned to the ledger (e.g., &4) for the specified company