How To Fix FM_FAGL_REORG023 - Ledger 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: 023

• Message text: Ledger 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 ledger 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_REORG023 - Ledger for foreign currency valuation was not determined for doc. &1 ?

  The SAP error message FM_FAGL_REORG023 indicates that the system was unable to determine the ledger for foreign currency valuation for a specific document. This error typically arises in the context of financial accounting and can be related to various configuration or data issues.
  Causes:
  
  Missing Ledger Configuration: The ledger for the foreign currency valuation may not be properly configured in the system.
  Document Type Issues: The document type associated with the transaction may not be linked to the appropriate ledger.
  Currency Settings: There may be issues with the currency settings in the document or in the configuration of the ledger.
  Missing or Incorrect Assignment: The assignment of the company code to the ledger may be missing or incorrect.
  Inconsistent Data: There may be inconsistencies in the data related to the document, such as missing entries in the relevant tables.
  
  Solutions:
  
  
  Check Ledger Configuration:
  
  Go to the configuration settings for ledgers in the SAP system (Transaction code: SPRO).
  Ensure that the ledger for foreign currency valuation is correctly defined and assigned to the relevant company code.
  
  
  
  Review Document Type Settings:
  
  Check the document type settings to ensure that they are correctly linked to the appropriate ledger.
  You can do this in the configuration under Financial Accounting > General Ledger Accounting > Document > Document Types.
  
  
  
  Verify Currency Settings:
  
  Ensure that the currency settings in the document are correct and that the currency is supported by the ledger.
  Check the currency types and ensure they are properly configured.
  
  
  
  Check Company Code Assignment:
  
  Verify that the company code is correctly assigned to the ledger in the configuration settings.
  This can be checked in the same configuration area where ledgers are defined.
  
  
  
  Analyze Document Data:
  
  Use transaction codes like FB03 to display the document and check for any inconsistencies or missing data.
  Look for any error messages or warnings that may provide additional context.
  
  
  
  Run Consistency Checks:
  
  Use transaction codes like FAGL_CHECK or similar tools to run consistency checks on the financial data and identify any discrepancies.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), FB03 (to display documents), and FAGL_CHECK (for consistency checks).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for the error message or related keywords in the SAP Support Portal.
  Documentation: Review SAP documentation related to foreign currency valuation and ledger configuration for more detailed guidance.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.