How To Fix FAGL_REORGANIZATION571 - Adjustment a/c or ledger grp for foreign currency balances not determined

FAGL_REORGANIZATION571 - Overview

• Message type: E = Error

• Message class: FAGL_REORGANIZATION - Reorganization

• Message number: 571

• Message text: Adjustment a/c or ledger grp for foreign currency balances not determined

What causes this issue?

Foreign currency balances also need to be determined and transferred for
receivables and payables.
The system could not determine the account or the ledger group on which
the foreign currency balances need to be corrected.

System Response

The receivable or payable <ZH>cannot</> be reassigned.

How to fix this error?

In Customizing for <LS>Financial Accounting</>, check the settings for
account determination.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

FAGL_REORGANIZATION571 - Details

• The SAP error message FAGL_REORGANIZATION571 indicates that the system is unable to determine the adjustment account or ledger group for foreign currency balances during a reorganization process in the General Ledger (G/L). This error typically arises during the execution of the reorganization of foreign currency balances in the G/L accounts.
  
  Cause:
  
  Missing Configuration: The adjustment account or ledger group for foreign currency balances may not be configured correctly in the system.
  Incorrect Settings: The settings for the foreign currency valuation might not be properly defined in the G/L account settings or in the configuration of the ledger.
  Data Inconsistencies: There may be inconsistencies in the data that prevent the system from determining the appropriate accounts or groups.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OB22 to check the configuration of the adjustment accounts for foreign currency valuation.
  Ensure that the adjustment accounts are correctly assigned to the relevant G/L accounts and that the ledger group is properly