How To Fix FINS_RECON016 - &1 company code(s) selected for analysis

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_RECON - SAP S/4HANA Finance Migration: Reconciliation

• Message number: 016

• Message text: &1 company code(s) selected for analysis

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_RECON016 - &1 company code(s) selected for analysis ?

  The SAP error message FINS_RECON016 typically indicates an issue related to the reconciliation of financial data in the system. This error message is often encountered during the execution of financial reconciliation reports or processes, particularly when there are discrepancies or issues with the data in the specified company codes.
  Cause:
  The error message FINS_RECON016 can be caused by several factors, including:
  
  
  Data Inconsistencies: There may be inconsistencies in the financial data for the selected company codes, such as missing entries, incorrect postings, or unbalanced accounts.
  
  
  Configuration Issues: The configuration settings for the financial reconciliation process may not be set up correctly, leading to errors when attempting to analyze the data.
  
  
  Authorization Issues: The user executing the reconciliation may not have the necessary authorizations to access the data for the specified company codes.
  
  
  Technical Issues: There could be underlying technical issues, such as database inconsistencies or problems with the reconciliation program itself.
  
  
  Solution:
  To resolve the FINS_RECON016 error, you can take the following steps:
  
  
  Check Data Consistency:
  
  Review the financial data for the selected company codes to identify any discrepancies or missing entries.
  Use transaction codes like FB03 (Display Document) or FBL1N (Vendor Line Item Display) to investigate specific entries.
  
  
  
  Review Configuration:
  
  Ensure that the financial reconciliation settings are correctly configured in the system. This may involve checking the settings in the Financial Accounting (FI) module.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to perform the reconciliation for the specified company codes. This can be checked in the user roles and authorizations.
  
  
  
  Run Consistency Checks:
  
  Use transaction codes like SARA (Archive Administration) or SICF (HTTP Service Maintenance) to run consistency checks on the financial data.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message. There may be patches or updates available that can resolve the issue.
  
  
  
  Contact SAP Support:
  
  If the issue persists after performing the above steps, consider reaching out to SAP Support for further assistance. Provide them with detailed information about the error and the steps you have already taken.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL3N (G/L Account Line Item Display), FB50 (G/L Account Document Entry), and F-03 (Clear G/L Account) for troubleshooting.
  Documentation: Review SAP documentation related to financial reconciliation processes and best practices.
  User Forums: Engage with SAP community forums or user groups to see if others have encountered similar issues and how they resolved them.
  
  By following these steps, you should be able to identify the root cause of the FINS_RECON016 error and implement an appropriate solution.