FAGL_POSTING002 - Clearing specific to ledger groups is not permitted for account &1/&2

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_POSTING - Messages for FAGL_POSTING EhP3 Relating to New Functions

• Message number: 002

• Message text: Clearing specific to ledger groups is not permitted for account &1/&2

What causes this issue?

Account &V1&/&V2& is used as the account for exchange rate differences
for foreign currency balances.
It can be one of the following accounts:
Account for expenses from exchange rate changes
Account for revenue from exchange rate changes
Expense account for losses from rolling valuation
Revenue account for profit from rolling valuation

System Response

You <ZH>cannot</> set the <DS:DE.XLGCLR>Clearing Specific to Ledger
Groups</> indicator for these kinds of account.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_POSTING002 - Clearing specific to ledger groups is not permitted for account &1/&2 ?

  The SAP error message FAGL_POSTING002 indicates that a clearing operation is not allowed for a specific ledger group for the specified account. This typically occurs in the context of financial postings in the General Ledger (G/L) when trying to clear items that are not permitted to be cleared in the specified ledger group.
  Cause:
  
  Ledger Group Restrictions: The account you are trying to clear may be configured in such a way that it does not allow clearing in the specified ledger group. This can be due to settings in the account configuration or the ledger group settings.
  Account Type: The account type (e.g., asset, liability, revenue, expense) may have restrictions on clearing based on the ledger group.
  Posting Period: The posting period may be closed or restricted for the ledger group, preventing any clearing operations.
  Configuration Settings: The configuration settings in the Financial Accounting (FI) module may not allow clearing for certain accounts in specific ledger groups.
  
  Solution:
  
  Check Account Configuration: Review the configuration of the account in transaction code FS00. Ensure that the account is set up correctly for the intended ledger group and that it allows clearing.
  Review Ledger Group Settings: Check the settings for the ledger group in transaction code OB22. Ensure that the ledger group allows clearing for the specific account type.
  Posting Period: Verify that the posting period is open for the ledger group. You can check this in transaction code OB52.
  Use Alternative Ledger Group: If clearing is not permitted in the current ledger group, consider using a different ledger group that allows the clearing operation.
  Consult Documentation: Review SAP documentation or consult with your SAP FI consultant to understand the specific restrictions related to the account and ledger group.
  
  Related Information:
  
  Transaction Codes:
  
  FS00: G/L Account Master Data
  OB22: Define Ledger Groups
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Authorization: Ensure that the user has the necessary authorizations to perform clearing operations in the specified ledger group.
  
  By following these steps, you should be able to identify the cause of the FAGL_POSTING002 error and implement the appropriate solution.