How To Fix FINS_RECON723 - Missing target ledger setting for CoCd &1 Version &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 723

• Message text: Missing target ledger setting for CoCd &1 Version &2

What causes this issue?

The customizing settings for the data migration contain no target ledger
information for company code &V1& and version &V2&.

System Response

Transactional data for this combination of company code and version will
not be migrated into the universal journal.

How to fix this error?

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

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_RECON723 - Missing target ledger setting for CoCd &1 Version &2 ?

  The SAP error message FINS_RECON723 indicates that there is a missing target ledger setting for a specific company code (CoCd) and version in the system. This error typically arises during the reconciliation process or when trying to execute a financial transaction that requires a target ledger configuration.
  Cause:
  
  Missing Configuration: The target ledger for the specified company code and version has not been defined in the system.
  Incorrect Version: The version specified may not be correctly set up or may not exist in the system.
  Data Migration Issues: If data has been migrated from another system, the necessary configurations may not have been transferred correctly.
  Customizations: Custom developments or modifications in the system may have led to inconsistencies in ledger settings.
  
  Solution:
  
  
  Check Target Ledger Configuration:
  
  Navigate to the configuration settings for ledgers in SAP.
  Ensure that the target ledger is defined for the specified company code and version.
  You can check this in the following path: 
  
  SPRO > Financial Accounting > General Ledger > Master Data > Ledger > Define Target Ledgers.
  
  
  
  
  
  Create or Update Ledger Settings:
  
  If the target ledger is missing, create a new ledger entry for the specified company code and version.
  Ensure that all necessary parameters are correctly set.
  
  
  
  Verify Version Settings:
  
  Check if the version specified in the error message is valid and properly configured.
  You can do this by navigating to:
  
  SPRO > Financial Accounting > General Ledger > Master Data > Ledger > Define Versions.
  
  
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific version and ledger settings to ensure compliance with best practices.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction or process that triggered the error to confirm that the issue has been resolved.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB22 (for defining ledgers) and OB37 (for defining versions) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Review the SAP Help Portal for detailed information on financial accounting and ledger management.
  
  By following these steps, you should be able to resolve the FINS_RECON723 error and ensure that your target ledger settings are correctly configured.