How To Fix FIOM_LOC701 - New general ledger is not active

FIOM_LOC701 - Overview

• Message type: E = Error

• Message class: FIOM_LOC - Oman Localization

• Message number: 701

• Message text: New general ledger is not active

Self-Explanatory Message

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FIOM_LOC701 - Details

• The SAP error message FIOM_LOC701, which states "New general ledger is not active," typically occurs when you are trying to perform operations that require the New General Ledger (New G/L) functionality, but it has not been activated in your SAP system.
  
  Cause:
  
  New G/L Not Activated: The most common cause of this error is that the New General Ledger has not been activated in the system. This can happen if the system is still using the classic General Ledger (G/L) accounting.
  
  Configuration Issues: There may be configuration issues or missing settings in the Financial Accounting (FI) module that prevent the New G/L from being utilized.
  Transaction Type: The transaction you are trying to execute may specifically require the New G/L to be active.
  
  
  Solution:
  
  
  Activate New G/L:
  
  To activate the New General Ledger, you need to go to the SAP Customizing Implementation Guide (IMG).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Migration > Activate