How To Fix FINS_CLS_FX_RUN803 - No G/L accounts assigned to accounting principle &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_CLS_FX_RUN -

• Message number: 803

• Message text: No G/L accounts assigned to accounting principle &1

What causes this issue?

The assignment is missing.

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?

Please add the necessary data under Finance --> General Ledger -->
Ledgers and Valuation --> Prepare Automatic Postings for Advanced
Foreign Currency Valuation.

Please add the necessary data in the activity
<DS:SIMG.FINSVC_CLS_FX> Prepare Automatic Postings for Advanced Foreign
Currency Valuation</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_CLS_FX_RUN803 - No G/L accounts assigned to accounting principle &1 ?

  The SAP error message FINS_CLS_FX_RUN803 indicates that there are no General Ledger (G/L) accounts assigned to the specified accounting principle in the system. This error typically occurs during the execution of financial closing processes, particularly in the context of foreign currency valuation or other financial operations that require G/L account assignments.
  Cause:
  
  Missing G/L Account Assignments: The primary cause of this error is that the required G/L accounts for the specified accounting principle have not been defined in the system.
  Incorrect Configuration: The configuration settings for the accounting principles may not be set up correctly, leading to the absence of necessary G/L accounts.
  Inactive Accounting Principle: The accounting principle in question may be inactive or not properly configured for the relevant company code or chart of accounts.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check G/L Account Assignments:
  
  Navigate to the configuration settings for the accounting principles in SAP.
  Use transaction code OBY6 (or the relevant path in the SAP menu) to check the assignment of G/L accounts to the accounting principle.
  Ensure that the necessary G/L accounts are assigned to the accounting principle &1 (the one mentioned in the error message).
  
  
  
  Assign G/L Accounts:
  
  If G/L accounts are missing, you will need to create or assign the appropriate G/L accounts to the accounting principle.
  This can be done in the same configuration area where you checked the assignments.
  
  
  
  Review Accounting Principle Settings:
  
  Ensure that the accounting principle is active and properly configured for the relevant company code and chart of accounts.
  Check if there are any specific settings or requirements for the accounting principle that need to be fulfilled.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test run of the financial closing process to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on configuring accounting principles and G/L account assignments.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6: Configuration for accounting principles.
  FS00: Create/Change G/L accounts.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary authorizations to make changes to G/L account assignments and accounting principles.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.