How To Fix FAGL_REPORTING001 - This transaction is only valid for new General Ledger Accounting

FAGL_REPORTING001 - Overview

• Message type: E = Error

• Message class: FAGL_REPORTING - Reporting EHP3

• Message number: 001

• Message text: This transaction is only valid for new General Ledger Accounting

What causes this issue?

Plan line items can only be updated in new General Ledger Accounting.
However, new General Ledger Accounting is not active.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_REPORTING001 - This transaction is only valid for new General Ledger Accounting ?

  The SAP error message FAGL_REPORTING001 indicates that the transaction you are trying to execute is only valid for the New General Ledger (New G/L) Accounting. This error typically occurs when you attempt to use a reporting transaction that is designed for the New G/L in a system that is still using the classic General Ledger.
  
  Cause:
  
  Classic General Ledger: The system is configured to use the classic General Ledger instead of the New G/L. This means that the functionalities and features associated with the New G/L are not available.
  Transaction Type: The specific transaction you are trying to execute is intended for use with the New G/L, and it cannot be processed in the classic G/L environment.
  
  
  Solution:
  
  
  Check G/L Configuration: Verify if your system is set up for New G/L. You can do this by checking the configuration settings in the SAP system:
  
  Go to transaction code OBY6 (or use the path: SPRO > Financial