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

FM_FAGL_REORG022 - Overview

• 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.

FM_FAGL_REORG022 - Details

• 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