How To Fix FINS_RECON054 - Vendor transaction figures (Bal.Carried Fwd) for &1 inconsistent

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 054

• Message text: Vendor transaction figures (Bal.Carried Fwd) for &1 inconsistent

What causes this issue?

Vendor transaction figures for &V1& are inconsistent concerning balance
carry forward.
The system compared the balance carry forward stored in the backup-table
LFC1_BCK with the balance carry forward calculated by the view LFC1 and
found that they differ.
It is required to run the balance carry forward report SAPF010 before
the installation of the SAP Simple Finance, on-premise edition. Most
likely this was not done for this vendor account and fiscal year.
As a result, the balance carry forward in the backup-table is wrong,
andthis wrong figure is used as calculation basis for the subsequent
years.

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?

If you came across this issue in a test system make sure the same
doesn't happen with the upgrade of your production system. Run program
SAPF010 for all companies up to the current fiscal year to ensure that
the balance carry forwards in the backup-tables are correct. This must
be done <ZH>before</> the upgrade, running SAPF010 afterwards does not
fix the issue.
If you find this issue in your production system check that the balance
carry forwards for this account are displayed correctly. Open
transaction
<DS:TRAN.FK10N>FK10N</> year by year and check that the closing
balancematches the balance carry forward of the next year. If all
balances are correct you can ignore this error message. If they are not
correct contact the SAP Support in order to have the inconsistencies
repaired.

Procedure for System Administrators

The balance carry forward is a basic step which has to be executed
before the installation of the SAP Simple Finance, on-premise edition.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_RECON054 - Vendor transaction figures (Bal.Carried Fwd) for &1 inconsistent ?

  The SAP error message FINS_RECON054 indicates that there is an inconsistency in the vendor transaction figures, specifically related to the balance carried forward for a vendor account. This error typically arises during the reconciliation process or when trying to generate reports that involve vendor balances.
  Cause:
  The inconsistency can be caused by several factors, including:
  
  Data Entry Errors: Incorrect postings or manual entries that do not match the expected balances.
  Incomplete Transactions: Transactions that have not been fully processed or cleared.
  Configuration Issues: Incorrect settings in the vendor master data or in the financial accounting configuration.
  Posting Period Issues: Transactions posted in the wrong accounting period, leading to discrepancies in balances.
  Clearing Issues: Problems with clearing transactions that should have offset each other.
  
  Solution:
  To resolve the FINS_RECON054 error, you can follow these steps:
  
  
  Check Vendor Account: Review the vendor account for any discrepancies in the transaction history. Look for any missing or incorrect postings.
  
  
  Reconcile Balances: Use the reconciliation tools in SAP to compare the balances in the vendor account with the general ledger. Identify any discrepancies and correct them.
  
  
  Review Open Items: Check for any open items that may not have been cleared properly. Ensure that all relevant transactions are cleared.
  
  
  Adjust Posting Periods: Verify that all transactions are posted in the correct accounting periods. If necessary, adjust the posting periods to align with the correct balances.
  
  
  Run Reports: Use SAP reports (such as the Vendor Line Item Display) to analyze the transactions and identify any inconsistencies.
  
  
  Consult Configuration: If the issue persists, review the configuration settings for the vendor master data and financial accounting to ensure they are set up correctly.
  
  
  SAP Notes and Support: Check for any relevant SAP Notes that may address this specific error. If needed, contact SAP support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: You may find it helpful to use transaction codes such as FBL1N (Vendor Line Item Display) to analyze vendor transactions.
  SAP Documentation: Refer to SAP Help documentation for detailed information on vendor account management and reconciliation processes.
  User Forums: Engage with SAP community forums or user groups to see if others have encountered and resolved similar issues.
  
  By following these steps, you should be able to identify and correct the inconsistencies causing the FINS_RECON054 error.