How To Fix FINS_RECON107 - &1: Balances older than fiscal year &3 will not be migrated

FINS_RECON107 - Overview

• Message type: E = Error

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

• Message number: 107

• Message text: &1: Balances older than fiscal year &3 will not be migrated

What causes this issue?

In your customizing you have specified, that no balance entry older than
fiscal year &V3& will be migrated. However<(>,<)> the oldest entry in
table &V2& was posted in fiscal year &V4&. Provided that Customizing was
set up correctly<(>,<)> you can proceed with the migration. However, the
entries in table &V2&<(>,<)> which are older than fiscal year &V3&<(>
,<)> will not be migrated.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_RECON107 - &1: Balances older than fiscal year &3 will not be migrated ?

  The SAP error message FINS_RECON107 indicates that there are balances in the system that are older than the specified fiscal year, and these balances cannot be migrated during the migration process. This error typically occurs during the migration of financial data, especially when transitioning to a new system or during a financial year-end closing process.
  
  Cause:
  
  Old Balances: The primary cause of this error is the presence of balances in the system that are older than the fiscal year specified in the error message. SAP restricts the migration of these older balances to ensure data integrity and compliance with financial reporting standards.
  Configuration Settings: The system may be configured to only allow the migration of balances from a certain fiscal year onward, which can lead to this error if there are older balances present.
  Data Cleanup: There may be unprocessed transactions or incomplete postings that have resulted in old balances that need to be