How To Fix FINS_SIS_BAL042 - Project cockpit status for company code &1 and ledger &2 isn't correct.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_SIS_BAL - Impl. of Doc. Splitting: Balances

• Message number: 042

• Message text: Project cockpit status for company code &1 and ledger &2 isn't correct.

What causes this issue?

For company code &V1& and ledger &V2& the project cockpit step
<LS>Confirm Fiscal Year Closure</> hasn't been completed. However, the
project cockpit step <LS>Confirm Data Enrichment</> has been completed.

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?

Ensure that the
<DS:SIMG.FINS_MPROJ_COCKPI_06>project cockpit</> step <LS>Confirm
Fiscal Year Closure</> is completed and that the project cockpit step
<LS>Confirm Data Enrichment</> isn't completed.

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_SIS_BAL042 - Project cockpit status for company code &1 and ledger &2 isn't correct. ?

  The SAP error message FINS_SIS_BAL042 indicates that there is an issue with the project cockpit status for a specific company code and ledger. This error typically arises in the context of SAP's Project System (PS) and Financials, particularly when dealing with the integration of project data and financial reporting.
  Cause:
  The error can be caused by several factors, including:
  
  
  Inconsistent Data: There may be inconsistencies in the data between the project system and the financial accounting system. This can happen if there are missing or incorrect postings.
  
  
  Incorrect Configuration: The configuration settings for the project cockpit or the ledger may not be set up correctly, leading to discrepancies in the status.
  
  
  Missing Authorizations: Users may not have the necessary authorizations to view or process the project data, which can lead to errors in the cockpit.
  
  
  Data Synchronization Issues: If there are issues with data synchronization between different modules (e.g., between PS and FI), it can lead to incorrect status displays.
  
  
  Open Items: There may be open items in the ledger that have not been cleared, affecting the overall status.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Data Consistency:
  
  Use transaction codes like CJI3 (Project Actual Cost Line Items) or CJI5 (Project Actual Cost Overview) to review the project data.
  Ensure that all postings are correct and that there are no missing entries.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the project cockpit and the ledger in the SAP system. Ensure that they are set up correctly according to your business requirements.
  
  
  
  Authorization Check:
  
  Verify that the user has the necessary authorizations to access the project cockpit and related data. You can use transaction SU53 to check for authorization issues.
  
  
  
  Data Synchronization:
  
  Ensure that data synchronization processes are running correctly. You may need to run reports or programs that reconcile data between the project system and financial accounting.
  
  
  
  Clear Open Items:
  
  Review any open items in the ledger and clear them if necessary. This may involve processing invoices, payments, or other financial transactions.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message. There may be patches or updates that resolve known issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after trying the above steps, consider reaching out to SAP Support for further assistance. Provide them with detailed information about the error, including the company code, ledger, and any relevant transaction details.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CJ20N (Project Builder), CJI3, CJI5, and S_ALR_87013558 (Project Overview).
  Documentation: Review SAP documentation related to the Project System and Financials for best practices and troubleshooting tips.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify and resolve the underlying cause of the FINS_SIS_BAL042 error message.