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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_REORGANIZATION571 - Adjustment a/c or ledger grp for foreign currency balances not determined ?

  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 defined.
  
  
  
  Review G/L Account Settings:
  
  Use transaction code FS00 to review the settings of the G/L accounts involved. Ensure that the accounts are set up for foreign currency and that the necessary fields are filled out correctly.
  
  
  
  Check Ledger Group Settings:
  
  Verify the settings for the ledger group in transaction code OB22 or OBY6. Ensure that the ledger group is correctly defined and linked to the appropriate adjustment accounts.
  
  
  
  Run Foreign Currency Valuation:
  
  If the configuration is correct, try running the foreign currency valuation process again using transaction code F.05. This may help in recalculating and determining the necessary accounts.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to foreign currency valuation and reorganization processes for any additional guidance or updates.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and settings, consider reaching out to SAP support for further assistance. They may provide specific notes or patches that address this error.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB22: Configuration of adjustment accounts for foreign currency valuation.
  FS00: G/L account master data maintenance.
  F.05: Foreign currency valuation.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  
  
  Documentation: Review the SAP Help Portal for detailed information on foreign currency valuation and G/L account configuration.
  
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.