How To Fix FAA_POST042 - Balance in techn. clearing account: ledger &1, currency &2, &3, &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_POST - FIAA Posting Messages (Object-Oriented Kernel)

• Message number: 042

• Message text: Balance in techn. clearing account: ledger &1, currency &2, &3, &4

What causes this issue?

You want to post an integrated business transaction (for instance, an
integrated asset acquisition).
The system splits the business transaction into an operational and a
valuating document. Both documents are posted to the account <LS>
Technical Clearing Account for Integrated Asset Acquisition</>, which
has to display a balance of zero at the account assignment objects
level.
However, there is a balance of transactions on that account that is not
equal to zero.

System Response

The transaction <ZH>cannot</> be posted.

How to fix this error?

Check whether there are any incorrect settings and correct them as
appropriate.
Check the field control of the <LS>Technical Clearing Account for
Integrated Asset Acquisition</> and of the fixed asset balance sheet
account. The field control must be the same for both accounts.
If you are using fixed asset balance sheet accounts that use different
field control, you require several technical clearing accounts for
integrated asset acquisition with different field control. In
Customizing of <LS>Asset Accounting</> under <DS:SIMG.T095_ACI_EX_DC>
Define Different Technical Clearing Account for Required Field Control
</> you can define a separate <LS>Technical Clearing Account for
Integrated Asset Acquisition</> at chart of accounts and account
determination level.
The <LS>Technical Clearing Account for Integrated Asset Acquisition</>
must be able to manage CO account assignments statistically.
In the master data of the G/L account, set the indicator <LS>Manage
Account Assignments Statistically in Fixed Asset Account/Material
Account</>, so that the system can derive the account assignments in
both the operational and the valuating document correctly.

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_POST042 - Balance in techn. clearing account: ledger &1, currency &2, &3, &4 ?

  The SAP error message FAA_POST042 indicates that there is a balance in the technical clearing account for asset accounting. This typically occurs during the posting of asset transactions, such as acquisitions, transfers, or retirements, when the system detects that the technical clearing account (used for temporary postings) is not balanced.
  Cause:
  
  Unbalanced Transactions: The most common cause is that there are unbalanced transactions in the asset accounting module. This can happen if there are incomplete postings or if the transactions have not been fully processed.
  Incorrect Configuration: There may be issues with the configuration of the asset accounting settings, such as incorrect account assignments or missing settings for the technical clearing account.
  Pending Transactions: There might be pending transactions that have not been cleared or processed, leading to an imbalance in the clearing account.
  Currency Issues: If transactions are posted in different currencies, it may lead to discrepancies in the clearing account balance.
  
  Solution:
  
  Check Transaction Logs: Review the transaction logs for any incomplete or erroneous postings. You can use transaction codes like AW01N (Asset Explorer) to check the status of assets.
  Clear Technical Clearing Account: Use transaction code F-03 (Clear G/L Account) to clear the technical clearing account. Ensure that all related transactions are properly posted and balanced.
  Review Configuration: Check the configuration settings for asset accounting in the SAP system. Ensure that the technical clearing account is correctly set up and that all necessary parameters are configured.
  Run Asset Accounting Reports: Use reports such as S_ALR_87011990 (Asset Balances) to identify any discrepancies or unprocessed transactions that may be causing the imbalance.
  Consult with Finance Team: If you are unable to resolve the issue, consult with your finance or accounting team to ensure that all necessary postings have been made and that there are no outstanding issues.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and AW01N (Asset Explorer).
  SAP Notes: Check SAP Notes for any known issues or patches related to the FAA_POST042 error message. SAP Notes can provide specific guidance or solutions based on the version of SAP you are using.
  Documentation: Review SAP documentation on asset accounting to understand the processes and configurations involved in managing assets and clearing accounts.
  
  By following these steps, you should be able to identify the cause of the FAA_POST042 error and implement a solution to resolve the issue.