How To Fix FIN_CS_MESSAGE037 - FS item hierarchy &1 does not exist in the consolidation COA &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: FIN_CS_MESSAGE - Cloud Consolidation Message Class

• Message number: 037

• Message text: FS item hierarchy &1 does not exist in the consolidation COA &2.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FIN_CS_MESSAGE037 - FS item hierarchy &1 does not exist in the consolidation COA &2. ?

  The SAP error message FIN_CS_MESSAGE037 indicates that a specific financial statement (FS) item hierarchy does not exist in the consolidation chart of accounts (COA). This error typically arises during the consolidation process when the system is unable to find the specified FS item hierarchy in the designated COA.
  Cause:
  
  Missing FS Item Hierarchy: The specified FS item hierarchy (&1) is not defined in the consolidation COA (&2).
  Incorrect Configuration: The configuration settings for the consolidation process may not be set up correctly, leading to the system not recognizing the FS item hierarchy.
  Data Migration Issues: If data has been migrated from another system or from a previous version of SAP, the FS item hierarchy may not have been transferred correctly.
  Typographical Errors: There may be a typo in the FS item hierarchy name or the COA name being referenced.
  
  Solution:
  
  
  Check FS Item Hierarchy:
  
  Go to the SAP transaction code for maintaining FS item hierarchies (e.g., OB58 or OB59).
  Verify if the FS item hierarchy (&1) exists in the specified consolidation COA (&2).
  If it does not exist, you may need to create it.
  
  
  
  Create or Update FS Item Hierarchy:
  
  If the FS item hierarchy is missing, create it using the appropriate transaction code.
  Ensure that the hierarchy is correctly defined and linked to the appropriate COA.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the consolidation process to ensure that the correct COA and FS item hierarchies are being used.
  Use transaction codes like OBY6 to review the settings for the consolidation COA.
  
  
  
  Data Migration Review:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary hierarchies were included.
  Re-import or correct any missing data as needed.
  
  
  
  Check for Typos:
  
  Double-check the names of the FS item hierarchy and the COA for any typographical errors.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB58, OB59, OBY6, and others related to financial statement item hierarchies and consolidation settings.
  Documentation: Refer to SAP documentation or help files for detailed instructions on managing FS item hierarchies and COA settings.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the error message FIN_CS_MESSAGE037 and ensure that the necessary FS item hierarchy is available in the consolidation COA.