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

FAGL_REORGANIZATION572 - Overview

• 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.

FAGL_REORGANIZATION572 - Details

• 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