How To Fix FAGL_POSTING023 - Clearing specific to ledger groups is not permitted for account &1/&2

FAGL_POSTING023 - Overview

• Message type: E = Error

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

• Message number: 023

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

What causes this issue?

Clearing specific to ledger groups is not permitted for account &V1&/
&V2&.
Account &V1&/&V2& is used as an account for automatic account
determination for exchange rate differences in open items.
However, you <ZH>cannot</> set the <DS:DE.XLGCLR>Clearing Specific to
Ledger Groups</> indicator for the following accounts.
Local Account for Realized Exchange Rate Losses
Local Account for Realized Exchange Rate Gains
Local Account for Losses from Translation
Local Account for Gains from Valuation
Local Account for Clearing Translation Gains
Local Account for Clearing Translation Losses

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FAGL_POSTING023 - Details

• The SAP error message FAGL_POSTING023 indicates that there is an issue with clearing specific to ledger groups for a particular account. This error typically arises in the context of financial postings in the General Ledger (G/L) when trying to clear items that are not allowed to be cleared together due to their ledger group settings.
  
  Cause:
  
  Ledger Group Configuration: The account in question is configured in such a way that it does not allow clearing across different ledger groups. This is often due to the settings in the G/L account master data or the configuration of the ledger groups themselves.
  Account Type: The account type (e.g., asset, liability, revenue, expense) may have restrictions on how it can be cleared, especially if it is set up for specific ledger groups.
  Posting Period: The posting period may be closed for one of the ledger groups involved in the clearing process, preventing the transaction from being completed.
  Transaction