How To Fix FAGL_MIG403 - Bal. carryfrwd for company code &1 is not possible (migration to New G/L)

FAGL_MIG403 - Overview

• Message type: E = Error

• Message class: FAGL_MIG - Migration to New General Ledger Accounting

• Message number: 403

• Message text: Bal. carryfrwd for company code &1 is not possible (migration to New G/L)

What causes this issue?

You have started balance carryforward in classic General Ledger
Accounting for company code &V1&. However, this company code is assigned
to a migration plan for General Ledger Accounting (FI-GL) with migration
date &V2& in fiscal year &V3&; therefore it is not possible to execute
the balance carryforward program for the fiscal year &V3& or any fiscal
years before this.

System Response

Processing is terminated.

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.

FAGL_MIG403 - Details

• The SAP error message FAGL_MIG403 indicates that there is an issue with the balance carryforward for a specific company code during the migration to the New General Ledger (New G/L). This error typically arises when there are inconsistencies or missing data that prevent the system from successfully carrying forward balances from the classic General Ledger to the New G/L.
  Causes:
  
  Incomplete Data: There may be missing or incomplete data in the classic G/L that is required for the carryforward process.
  Open Items: There could be open items in the accounts that need to be cleared before the carryforward can be executed.
  
  Configuration Issues: The configuration settings for the New G/L may not be correctly set up, leading to issues during the migration process.
  Period Closing: The fiscal year or periods may not be properly closed, which can prevent the carryforward from being processed.
  Inconsistent Account Balances: There may be inconsistencies in account balances that need to