How To Fix FAGL_REORGANIZATION572 - Determination of foreign currency balance: object type not determined

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_REORGANIZATION - Reorganization

• Message number: 572

• Message text: Determination of foreign currency balance: object type not determined

What causes this issue?

Foreign currency balances also need to be determined and transferred for
receivables and payables. For this, the system determines the type of
the object that provided the valuated receivable or payable with its
account assignment.
However, the object type could <ZH>not</> be determined.

System Response

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

How to fix this error?

Try again later.

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_REORGANIZATION572 - Determination of foreign currency balance: object type not determined ?

  The SAP error message FAGL_REORGANIZATION572, which states "Determination of foreign currency balance: object type not determined," typically occurs during the execution of a financial transaction or report that involves foreign currency balances. This error indicates that the system is unable to determine the object type required for processing the foreign currency balance.
  Causes:
  
  Missing Configuration: The object type for the foreign currency balance may not be properly configured in the system. This could be due to missing entries in the configuration tables.
  Incorrect Account Assignment: The account or transaction being processed may not have the necessary settings for foreign currency handling.
  Data Inconsistencies: There may be inconsistencies or missing data in the relevant master data or transaction data that prevent the system from determining the object type.
  Custom Development Issues: If there are custom programs or enhancements, they may not be handling the foreign currency balances correctly.
  
  Solutions:
  
  
  Check Configuration:
  
  Review the configuration settings for foreign currency valuation in the Financial Accounting (FI) module. Ensure that all necessary object types are defined and correctly set up.
  Use transaction code SPRO to navigate to the relevant configuration settings.
  
  
  
  Review Account Settings:
  
  Check the account assignments for the transactions that are causing the error. Ensure that the accounts are set up to handle foreign currency transactions.
  Verify that the relevant G/L accounts are configured for foreign currency in the account master data.
  
  
  
  Data Consistency Check:
  
  Perform a data consistency check to identify any missing or inconsistent data in the master data or transaction data.
  Use transaction codes like FAGLL03 (Display G/L Account Line Items) to review the line items and identify any discrepancies.
  
  
  
  Debugging Custom Code:
  
  If there are custom developments involved, review the code to ensure that it correctly determines the object type for foreign currency balances.
  Debug the program to identify where the determination fails.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message. There may be patches or updates that resolve known issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance. Provide them with detailed information about the error, including the transaction codes and any relevant logs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FAGL_FC_VAL: Foreign Currency Valuation
  FAGLL03: Display G/L Account Line Items
  OB22: G/L Account Master Data
  
  
  Documentation: Review SAP documentation related to foreign currency accounting and the specific configuration settings for your version of SAP.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to resolve it.