How To Fix FAGL_SKF042 - No valid ledger was transferred

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_SKF - Statistical Key Figures (General Part)

• Message number: 042

• Message text: No valid ledger was transferred

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_SKF042 - No valid ledger was transferred ?

  The SAP error message FAGL_SKF042 "No valid ledger was transferred" typically occurs in the context of financial accounting, particularly when dealing with the General Ledger (G/L) in SAP S/4HANA or SAP ERP systems. This error indicates that the system could not find a valid ledger for the transaction or operation you are trying to perform.
  Causes:
  
  Missing Ledger Assignment: The ledger you are trying to use may not be assigned to the company code or the relevant accounting area.
  Incorrect Configuration: The configuration for the ledgers in the system may not be set up correctly, leading to the system not recognizing the ledger.
  Data Transfer Issues: If you are transferring data (e.g., during a migration or integration process), the ledger information may not have been included or transferred correctly.
  Transaction Type: The transaction you are trying to execute may not be compatible with the ledger you are using.
  Authorization Issues: The user may not have the necessary authorizations to access the specified ledger.
  
  Solutions:
  
  
  Check Ledger Assignment:
  
  Go to the configuration settings in SAP and verify that the ledger is correctly assigned to the company code.
  Use transaction code OB22 to check the ledger settings.
  
  
  
  Review Configuration:
  
  Ensure that the ledger is properly configured in the system. This includes checking the settings for the leading ledger and any non-leading ledgers.
  Use transaction code OB37 to review the ledger settings.
  
  
  
  Data Transfer Verification:
  
  If this error occurs during a data migration or transfer, ensure that all necessary data, including ledger information, has been correctly transferred.
  Check the migration logs for any errors or warnings related to ledger data.
  
  
  
  Transaction Compatibility:
  
  Verify that the transaction you are trying to execute is compatible with the ledger you are using. Some transactions may only be valid for specific ledgers.
  
  
  
  User Authorizations:
  
  Check the user roles and authorizations to ensure that the user has access to the required ledger.
  Use transaction code SU53 to analyze authorization issues.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  Documentation: Review the SAP documentation for General Ledger accounting to understand the configuration and usage of ledgers.
  Community Forums: Engage with SAP community forums or user groups to see if others have encountered and resolved similar issues.
  
  By following these steps, you should be able to identify the cause of the FAGL_SKF042 error and implement a solution to resolve it.