How To Fix FAA_CFG_PARALLEL_VAL011 - All assigned ledger groups must contain the leading ledger

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_CFG_PARALLEL_VAL - Messages for BF FIN_AA_PARALLEL_VAL

• Message number: 011

• Message text: All assigned ledger groups must contain the leading ledger

What causes this issue?

You are using the accounts approach in the chart of depreciation &V1& in
new Asset Accounting. Each assigned ledger group must contain the
leading ledger. This is <ZH>not</> the case, however.

System Response

Your Customizing settings <ZH>cannot</> be saved.

How to fix this error?

Check the assigned ledger groups.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CFG_PARALLEL_VAL011 - All assigned ledger groups must contain the leading ledger ?

  The SAP error message FAA_CFG_PARALLEL_VAL011 indicates that there is a configuration issue related to the assignment of ledger groups in the Asset Accounting (FI-AA) module. Specifically, this error occurs when the assigned ledger groups do not include the leading ledger, which is a requirement for proper configuration in SAP.
  
  Cause:
  The leading ledger is the primary ledger in which all transactions are recorded. In the context of parallel accounting, you may have multiple ledgers (for example, local GAAP, IFRS, etc.) configured in your system. The error arises when one or more of the assigned ledger groups do not include the leading ledger, which is necessary for the system to function correctly.
  
  Solution:
  To resolve this error, you need to ensure that all assigned ledger groups include the leading ledger. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > IMG (Implementation Guide)