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

FINS_SIS_BAL042 - Overview

• 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.

FINS_SIS_BAL042 - Details

• 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