How To Fix FAA_POST120 - Reconciliation account &1 excluded from balance carryforward

FAA_POST120 - Overview

• Message type: E = Error

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

• Message number: 120

• Message text: Reconciliation account &1 excluded from balance carryforward

What causes this issue?

The balance carryforward is being peformed in a way that is <ZH>not</>
valid for the asset reconciliation accounts.

System Response

The balance carryforward is therefore <ZH>not</> performed for
reconciliation account &V1&.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FAA_POST120 - Details

• The SAP error message FAA_POST120 indicates that a reconciliation account is excluded from the balance carryforward process in the Asset Accounting (FI-AA) module. This typically occurs when the system is trying to carry forward balances for assets, but the specified reconciliation account is not eligible for this process.
  
  Cause:
  
  Account Configuration: The reconciliation account may be configured in such a way that it is not allowed to carry forward balances. This could be due to settings in the account master data or in the configuration of the asset accounting.
  Posting Period: The posting period may be closed, preventing any further postings or carryforwards.
  Transaction Type: The transaction type used for the asset may not be set up to allow carryforward.
  Asset Class Settings: The asset class associated with the asset may have settings that exclude it from balance carryforward.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the account master data for the reconciliation account and verify the settings. Ensure