How To Fix FAGL_LEDGER_CUST021 - Define accounting principle &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_LEDGER_CUST - New General Ledger: Customizing

• Message number: 021

• Message text: Define accounting principle &1

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_LEDGER_CUST021 - Define accounting principle &1 ?

  The SAP error message FAGL_LEDGER_CUST021, which states "Define accounting principle &1," typically occurs in the context of the General Ledger (G/L) accounting configuration. This error indicates that the system is unable to find a defined accounting principle for the specified ledger.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Missing Configuration: The accounting principle specified in the error message has not been defined in the system.
  Incorrect Ledger Assignment: The ledger you are trying to use is not properly assigned to an accounting principle.
  Data Inconsistency: There may be inconsistencies in the configuration settings related to the ledgers and accounting principles.
  
  Solution:
  To resolve the FAGL_LEDGER_CUST021 error, you can follow these steps:
  
  
  Define Accounting Principles:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Define Accounting Principles.
  Check if the accounting principle mentioned in the error message is defined. If not, create a new accounting principle.
  
  
  
  Assign Accounting Principles to Ledgers:
  
  Navigate to SPRO > Financial Accounting (New) > General Ledger Accounting (New) > Setup > Ledgers > Define Ledger.
  Ensure that the ledger you are using is assigned to the correct accounting principle.
  
  
  
  Check for Data Consistency:
  
  Review the configuration settings to ensure that there are no inconsistencies between the ledgers and accounting principles.
  You may also want to check if there are any transport requests that might have affected the configuration.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to the SAP documentation or consult with your SAP Basis or Finance team for assistance.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (for defining accounting principles) and OB37 (for defining ledgers) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that might provide additional insights or solutions related to this error.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the FAGL_LEDGER_CUST021 error and ensure that your accounting principles and ledgers are correctly configured in SAP.