How To Fix FC356 - No settings for accounting principle &1

FC356 - Overview

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 356

• Message text: No settings for accounting principle &1

What causes this issue?

No settings have been defined in Customizing for the accounting
principle &V1&.

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?

Check the Customizing settings in the view V_TACC_TRGT_LDGR:
<DS:TRAN.SM30>Proceed</>

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 FC356 - No settings for accounting principle &1 ?

  The SAP error message FC356 "No settings for accounting principle &1" typically occurs when there is a configuration issue related to the accounting principles in the Financial Accounting (FI) module. This error indicates that the system cannot find the necessary settings for the specified accounting principle, which is usually indicated by the placeholder "&1".
  
  Cause:
  
  Missing Configuration: The accounting principle specified in the error message has not been configured in the system.
  Incorrect Accounting Principle: The accounting principle being referenced may not be valid or may not exist in the system.
  Data Migration Issues: If data has been migrated from another system, the necessary settings for the accounting principle may not have been transferred correctly.
  Client-Specific Settings: The settings for the accounting principle may be client-specific and not available in the current client.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Accounting Principles.
  Ensure that the