How To Fix FINS_FI_HRRP039 - FSV not supported: Liabilities and Equity cannot be a subnode of Assets.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_HRRP - Message class for HRRP

• Message number: 039

• Message text: FSV not supported: Liabilities and Equity cannot be a subnode of Assets.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_HRRP039 - FSV not supported: Liabilities and Equity cannot be a subnode of Assets. ?

  The SAP error message FINS_FI_HRRP039 indicates that there is a structural issue in the Financial Statement Version (FSV) configuration. Specifically, it states that "Liabilities and Equity cannot be a subnode of Assets." This error typically arises when the hierarchy of the financial statement is incorrectly defined, violating the logical structure of financial reporting.
  Cause:
  
  Incorrect Hierarchical Structure: The FSV is set up in such a way that liabilities and equity are incorrectly placed as subcategories under assets. In a standard financial statement, assets, liabilities, and equity are separate main categories.
  Configuration Errors: There may be errors in the configuration of the financial statement version in the SAP system, where the nodes are not properly defined.
  Data Entry Mistakes: During the creation or modification of the FSV, there may have been mistakes in how the nodes were structured.
  
  Solution:
  To resolve this error, you need to correct the structure of the Financial Statement Version. Here are the steps to do so:
  
  
  Access the Financial Statement Version Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to Financial Accounting (FI) > General Ledger > Master Data > Financial Statement Version.
  
  
  
  Edit the Financial Statement Version:
  
  Select the FSV that is causing the error.
  Check the hierarchy of the nodes. Ensure that "Assets," "Liabilities," and "Equity" are at the same level and not nested under one another.
  
  
  
  Reorganize the Nodes:
  
  If you find that liabilities and equity are incorrectly placed under assets, move them to the correct level in the hierarchy.
  Ensure that the structure follows the standard accounting principles where:
  
  Assets are separate from Liabilities and Equity.
  
  
  
  
  
  Save Changes: After making the necessary adjustments, save the changes to the FSV.
  
  
  Test the Configuration: After saving, run a test to ensure that the error no longer appears and that the financial statements generate correctly.
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation for detailed guidelines on configuring Financial Statement Versions.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error.
  Training: If you are unfamiliar with FSV configuration, consider training or consulting with an SAP FI consultant to ensure proper setup.
  
  By following these steps, you should be able to resolve the error and ensure that your Financial Statement Version is correctly configured.