How To Fix FINS_IC_CUST003 - Run the balance carryforward for comp. code &1 and ledger &2 in FY &3.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 003

• Message text: Run the balance carryforward for comp. code &1 and ledger &2 in FY &3.

What causes this issue?

The balance carryforward for the combination of company code &V1& and
ledger &V2& hasn't been run in fiscal year &V3&.
Before you can start project activities, in the current fiscal year &V3&
for company code &V1&, you must first run the balance carryforward in
ledger &V2&. This step is necessary to avoid any data inconsistencies.

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?

Run the
<DS:TRAN.FAGLGVTR>Balance Carryforward</> for company code &V1& in
ledger &V2& to fiscal year &V3&.
You can change the type of this message in test systems (for message
area = FINS_IC_CUST, message number = 003) using transaction
<DS:TRAN.OBA5>Message Control by the User</>.
If the message type is I (Info), S (Success), or W (Warning), it is
possible to proceed with the current action in a test system.
Note: This function is only supported in non-production systems.

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_IC_CUST003 - Run the balance carryforward for comp. code &1 and ledger &2 in FY &3. ?

  The SAP error message FINS_IC_CUST003 indicates that the balance carryforward process has not been executed for a specific company code and ledger in the specified fiscal year. This message typically arises in the context of financial accounting, particularly when dealing with intercompany transactions and balances.
  Cause:
  The error occurs when:
  
  The balance carryforward process has not been performed for the specified company code and ledger for the given fiscal year.
  There may be a configuration issue or a missing step in the year-end closing process.
  The system is trying to access balances that have not been carried forward from the previous fiscal year.
  
  Solution:
  To resolve this error, you should follow these steps:
  
  
  Run the Balance Carryforward Process:
  
  Navigate to the transaction code S/4HANA or SAP GUI.
  Use the transaction code F.16 (or the appropriate transaction for your version) to execute the balance carryforward.
  Enter the relevant company code, ledger, and fiscal year, and execute the carryforward process.
  
  
  
  Check Configuration:
  
  Ensure that the balance carryforward settings are correctly configured in the system.
  Verify that the fiscal year variant and ledger settings are properly defined.
  
  
  
  Review Year-End Closing Activities:
  
  Make sure that all necessary year-end closing activities have been completed for the previous fiscal year.
  Check if there are any open items or pending transactions that need to be addressed before running the carryforward.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for detailed instructions on the balance carryforward process specific to your version of SAP.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after following the above steps, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  F.16: Balance Carryforward
  F.01: Financial Statement
  F.03: Clear G/L Account
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address specific issues related to balance carryforward or the error message itself.
  
  
  
  Documentation:
  
  Review the SAP Help Portal for detailed guides on financial closing processes and balance carryforward.
  
  
  
  By following these steps, you should be able to resolve the FINS_IC_CUST003 error and successfully carry forward balances for the specified company code and ledger.