How To Fix FAGL_LEDGER_CUST108 - No settings found for accounting principle &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_LEDGER_CUST - New General Ledger: Customizing

• Message number: 108

• Message text: No settings found for accounting principle &1

What causes this issue?

No ledger group assignment found for accounting principle &V1&.

System Response

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

How to fix this error?

Check the settings made in the Customizing activity
<DS:SIMG.FAGL_PARA_TRG_LDG_DC>Assign Accounting Principle to Ledger
Groups</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_LEDGER_CUST108 - No settings found for accounting principle &1 ?

  The SAP error message FAGL_LEDGER_CUST108 indicates that there are no settings found for the specified accounting principle in the system. This error typically occurs in the context of the General Ledger (G/L) accounting module when trying to access or process data related to a specific accounting principle that has not been configured properly.
  Cause:
  
  Missing Configuration: The accounting principle specified in the error message has not been set up in the system. This could be due to a missing entry in the configuration tables.
  Incorrect Accounting Principle: The accounting principle being referenced may not exist or may have been incorrectly entered in the transaction.
  Client-Specific Settings: The settings for the accounting principle may not be defined for the specific client you are working in.
  Transport Issues: If the configuration was transported from another system, there may have been issues during the transport process that resulted in missing settings.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the accounting principles in the SAP system. This can typically be found under:
  
  SPRO ? Financial Accounting (New) ? General Ledger Accounting (New) ? Master Data ? Define Accounting Principles.
  
  
  Ensure that the accounting principle in question is defined and has the necessary settings.
  
  
  
  Create or Adjust Settings:
  
  If the accounting principle does not exist, you may need to create it. Follow the steps in the configuration to define the accounting principle and ensure all necessary parameters are set.
  If it exists but is incomplete, adjust the settings as needed.
  
  
  
  Verify Client Settings:
  
  Ensure that the settings for the accounting principle are valid for the client you are working in. Sometimes, settings may be client-specific.
  
  
  
  Check for Transport Issues:
  
  If the configuration was recently transported, check the transport logs for any errors or issues that may have occurred during the transport process.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific error message for additional guidance or updates.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBY6 (for defining accounting principles) or OB37 (for assigning accounting principles to company codes) to navigate to the relevant configuration areas.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to view and modify the configuration settings.
  
  By following these steps, you should be able to resolve the FAGL_LEDGER_CUST108 error and ensure that the accounting principles are correctly configured in your SAP system.