How To Fix FINS_RECON516 - CoCd &1: Check Fields of NewGL vs. BSEG started at &2 and ended at &3

FINS_RECON516 - Overview

• Message type: E = Error

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

• Message number: 516

• Message text: CoCd &1: Check Fields of NewGL vs. BSEG started at &2 and ended at &3

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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FINS_RECON516 - Details

• The SAP error message FINS_RECON516 typically indicates a reconciliation issue between the New General Ledger (NewGL) and the BSEG table, which is the line item table for accounting documents in SAP. This error occurs when there is a mismatch in the data between the NewGL and the BSEG for a specific company code (CoCd) over a defined period.
  
  Cause:
  The error can be caused by several factors, including:
  
  Data Inconsistencies: There may be inconsistencies in the data between the NewGL and BSEG tables, such as missing or incorrect entries.
  Document Changes: Changes made to accounting documents after they have been posted can lead to discrepancies.
  Custom Developments: Custom programs or enhancements that manipulate financial data may inadvertently cause mismatches.
  Data Migration Issues: If data was migrated from an older system to the NewGL, there may be issues with how the data was transferred.
  
  Configuration Issues: Incorrect configuration settings in the NewGL or in the reconciliation process can