How To Fix FM_FAGL_REORG022 - Account for foreign currency valuation was not determined for doc. &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FM_FAGL_REORG - Reorganization: Funds Management

• Message number: 022

• Message text: Account for foreign currency valuation was not determined for doc. &1

What causes this issue?

You want to change the account assignment for certain documents. This
would mean that values in the general ledger would have to be
transferred. These values include adjustment balances from foreign
currency valuation for receivable or payable &V1&.
However, the system could not determine the account to which the
balances need to be transferred.

System Response

The reassignment is terminated.

How to fix this error?

Check the Customizing settings for foreign currency valuation.

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

INCLUDE NA_PSM_CUSTOMIZ OBJECT DOKU ID TX
Change the account assignment again.

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 FM_FAGL_REORG022 - Account for foreign currency valuation was not determined for doc. &1 ?

  The SAP error message FM_FAGL_REORG022 indicates that the system was unable to determine the account for foreign currency valuation for a specific document. This typically occurs during the execution of a foreign currency valuation process, where the system needs to identify the appropriate accounts to post the valuation differences.
  Cause:
  
  Missing Configuration: The most common cause is that the necessary configuration for foreign currency valuation accounts is missing or incorrect in the system. This includes settings in the Financial Accounting (FI) module and the New General Ledger (G/L) settings.
  Account Assignment: The account assignment for the relevant document may not be set up correctly, leading to the inability to find the appropriate valuation account.
  Document Type Issues: The document type used may not have the necessary settings for foreign currency valuation.
  Missing Master Data: The master data for the relevant accounts may not be maintained properly, such as missing account determination settings for the currency or company code.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OB22 to check the account determination for foreign currency valuation. Ensure that the accounts for the relevant currency and valuation type are correctly configured.
  Verify the settings in Transaction OBA1 (for account determination) and Transaction OBY6 (for currency settings).
  
  
  
  Review Document Type Settings:
  
  Check the document type settings in Transaction OBA7 to ensure that the document type used for the transaction is configured to allow for foreign currency valuation.
  
  
  
  Maintain Master Data:
  
  Ensure that the necessary master data is maintained for the accounts involved. This includes checking the G/L account settings in Transaction FS00 to ensure they are set up for foreign currency valuation.
  
  
  
  Run Foreign Currency Valuation:
  
  After making the necessary adjustments, try running the foreign currency valuation process again using Transaction FAGL_FCV or Transaction F.05.
  
  
  
  Check for Notes and Updates:
  
  Sometimes, SAP releases notes that address specific issues. Check the SAP Support Portal for any relevant notes that might pertain to this error message.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB22: Account determination for foreign currency valuation.
  OBA1: Maintain account determination.
  FAGL_FCV: Foreign currency valuation for New G/L.
  F.05: Foreign currency valuation for classic G/L.
  
  
  
  Documentation: Refer to SAP Help documentation for detailed guidance on foreign currency valuation and account determination.
  
  
  SAP Notes: Search for SAP Notes related to foreign currency valuation issues, as they may provide specific fixes or recommendations.
  
  
  By following these steps, you should be able to resolve the FM_FAGL_REORG022 error and successfully determine the account for foreign currency valuation.