How To Fix FINS_RECON_1001 - Schedule reconciliation run first

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_RECON_1 - Reconciliation after migration

• Message number: 001

• Message text: Schedule reconciliation run first

What causes this issue?

There are no results of a reconciliation run available.

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?

You have to
<DS:TRAN.FINS_REC>schedule</> a reconciliation run and check the
<DS:TRAN.FINS_REC_MONITOR>status</> before you can display the final
results.

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_RECON_1001 - Schedule reconciliation run first ?

  The SAP error message FINS_RECON_1001 indicates that a reconciliation run needs to be executed before proceeding with certain financial operations or processes. This error typically arises in the context of financial reconciliation processes within SAP, particularly in modules related to Financial Accounting (FI) or Controlling (CO).
  Cause:
  The error occurs when a user attempts to perform an action that requires prior reconciliation to be completed. This could be due to:
  
  Pending Reconciliation: The system has detected that a reconciliation run has not been executed for the relevant financial data.
  Configuration Issues: There may be settings in the system that require reconciliation to be performed at specific intervals or before certain transactions.
  Data Integrity: The system is designed to ensure that financial data is accurate and complete before allowing further processing.
  
  Solution:
  To resolve the FINS_RECON_1001 error, you should follow these steps:
  
  
  Run the Reconciliation Process:
  
  Navigate to the appropriate transaction code for reconciliation (e.g., transaction code F.13 for automatic clearing).
  Execute the reconciliation run for the relevant accounts or periods as required.
  
  
  
  Check Configuration Settings:
  
  Review the configuration settings in the Financial Accounting or Controlling modules to ensure that the reconciliation process is set up correctly.
  Ensure that the reconciliation frequency aligns with your business processes.
  
  
  
  Review Documentation:
  
  Consult SAP documentation or your organization's internal guidelines for specific instructions on how to perform the reconciliation run.
  
  
  
  Consult with Your SAP Support Team:
  
  If you are unsure about how to proceed or if the issue persists after running the reconciliation, reach out to your SAP support team or a consultant for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F.13 (Automatic Clearing), F.12 (Manual Clearing), or any other specific to your reconciliation process.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  Training and Documentation: Ensure that users involved in financial processes are trained on the importance of reconciliation and how to perform it effectively.
  
  By following these steps, you should be able to resolve the FINS_RECON_1001 error and continue with your financial operations in SAP.