How To Fix FAGL_SWITCH_OP053 - Account balance in currency &2 differs from ledger balance

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_SWITCH_OP -

• Message number: 053

• Message text: Account balance in currency &2 differs from ledger balance

What causes this issue?

The balance of the line items in the specified local currency is: &V1&
&V2&
The balance of the ledger in this currency is: &V3& &V2&
Such a state can arise due to ledger-group-specific postings, for
example.

System Response

The company code is excluded from the switch to open item management.

How to fix this error?

Ensure that the balances in all currencies - both in the account and in
the ledgers - are identical.

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_SWITCH_OP053 - Account balance in currency &2 differs from ledger balance ?

  The SAP error message FAGL_SWITCH_OP053 indicates that there is a discrepancy between the account balance in a specific currency and the ledger balance for that account. This error typically arises during the reconciliation process or when trying to perform certain operations in the General Ledger (G/L) module.
  Cause:
  
  Currency Differences: The account balance in the specified currency does not match the balance in the ledger due to currency conversion issues or incorrect postings.
  Incorrect Configuration: There may be issues with the configuration of the ledger or the currency settings in the system.
  Data Inconsistencies: There could be inconsistencies in the data due to manual entries, incorrect postings, or issues during data migration.
  Open Items: There may be open items that have not been cleared properly, leading to discrepancies.
  Posting Period Issues: Transactions may have been posted in a different period than expected, causing mismatches.
  
  Solution:
  
  Reconcile Balances: Check the account balances in both the currency and the ledger. Use transaction codes like FBL3N (G/L Account Line Item Display) to review the postings and identify discrepancies.
  Check Configuration: Review the configuration settings for the ledger and currency. Ensure that the settings are correct and consistent with the business requirements.
  Clear Open Items: If there are open items, ensure they are cleared properly. Use transaction codes like F-32 (Clear Customer) or F-44 (Clear Vendor) as applicable.
  Review Postings: Investigate recent postings to the account. Look for any incorrect entries or postings that may have caused the discrepancy.
  Use Transaction Codes: Utilize transaction codes such as FAGLBALN (Balance Display) to analyze balances and identify the source of the discrepancy.
  Consult SAP Notes: Check for any relevant SAP Notes that may address known issues related to this error message. SAP Notes can provide patches or guidance on resolving specific issues.
  Run Reports: Use reports like S_ALR_87012357 (G/L Account Balances) to compare balances and identify discrepancies.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL3N, FAGLBALN, and others for G/L account management.
  SAP Documentation: Refer to SAP Help documentation for detailed information on G/L accounting and troubleshooting common issues.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the FAGL_SWITCH_OP053 error message.