How To Fix FINS_FI_SIF005 - Balance carryforward is not allowed for &1 / &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_SIF - SAP S/4HANA Finance: Subsequent Implementation of Functions

• Message number: 005

• Message text: Balance carryforward is not allowed for &1 / &2

What causes this issue?

Ledger &V1& was defined as a source ledger for subsequent implementation
of a new ledger in company code &V2&. The balance carry forward values
in the source ledger are the basis for the opening balances in the new
ledger. As the data transfer has already been started in the new ledger,
the balance carry forward is no longer allowed in the source ledger.

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?

You can configure this message according to your requirements.
To change the message, choose
<DS:SIMG.SIMG_CFORFBOBA5BELE>Change Message Control for Document
Processing</> in Customizing for global settings in Financial
Accounting.
You can find the application area and message number in the technical
information.

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 FINS_FI_SIF005 - Balance carryforward is not allowed for &1 / &2 ?

  The SAP error message FINS_FI_SIF005 indicates that a balance carryforward is not allowed for a specific account or company code combination. This error typically arises during the year-end closing process when the system attempts to carry forward balances from one fiscal year to the next.
  Cause:
  
  Account Type Restrictions: The account for which the carryforward is being attempted may not be configured to allow balance carryforward. This can happen if the account is not set up as a balance sheet account or if it is a temporary account.
  Company Code Settings: The company code may have specific settings that prevent carryforward for certain accounts or under certain conditions.
  Fiscal Year Settings: The fiscal year variant may not be properly configured, or the carryforward process may not have been executed correctly in previous years.
  Open Items: There may be open items in the account that prevent the carryforward from being processed.
  Incorrect Configuration: The configuration settings in the Financial Accounting (FI) module may not be set up correctly for the carryforward process.
  
  Solution:
  
  Check Account Configuration: Verify that the account in question is set up correctly in the chart of accounts. Ensure it is a balance sheet account and that it is allowed for carryforward.
  Review Company Code Settings: Check the settings for the company code to ensure that carryforward is allowed for the specific account.
  Fiscal Year Variant: Ensure that the fiscal year variant is correctly configured and that the carryforward process has been executed for the previous fiscal year.
  Clear Open Items: If there are open items in the account, resolve them before attempting the carryforward again.
  Run Carryforward Program: Execute the carryforward program (transaction code: S_ALR_87012357 or F.16) to ensure that the balances are carried forward correctly.
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific configuration settings related to balance carryforward.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (to maintain posting periods), F.16 (to carry forward balances), and S_ALR_87012357 (to view balance carryforward).
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to balance carryforward.
  User Roles: Ensure that the user executing the carryforward has the necessary authorizations to perform this action.
  
  If the issue persists after checking these areas, it may be beneficial to engage with SAP support or a consultant who specializes in SAP Financial Accounting for further assistance.