How To Fix FQM505 - Reconcilization for account &1 (&2) finished

SAP Error Message - Details

• Message type: E = Error

• Message class: FQM - Financial Quantity Management Message Class

• Message number: 505

• Message text: Reconcilization for account &1 (&2) finished

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FQM505 - Reconcilization for account &1 (&2) finished ?

  The SAP error message FQM505 indicates that the reconciliation for a specific account has been completed. This message is typically informational rather than an error, meaning that it is not necessarily indicative of a problem that needs to be resolved. However, it can be associated with certain scenarios where users may be looking for further clarification or action.
  Cause:
  
  Reconciliation Process Completion: The message is triggered when the reconciliation process for a specified account (denoted by &1) and company code (denoted by &2) has been successfully completed.
  No Further Action Required: It may appear in situations where users expect to see a different outcome or are looking for errors, but the process has simply finished without issues.
  
  Solution:
  
  Review Reconciliation Results: If you are looking for specific results or details about the reconciliation, you should check the reconciliation report or logs to understand what was reconciled and if there are any discrepancies.
  No Action Needed: If the message is purely informational, no further action is required. You can proceed with your tasks knowing that the reconciliation has been completed.
  Check for Additional Messages: If you were expecting an error or issue, check for any other messages that may provide more context or indicate if there were any problems during the reconciliation process.
  
  Related Information:
  
  Transaction Codes: You may want to use transaction codes like FBL3N (G/L Account Line Item Display) or F.01 (Financial Statement) to review account balances and line items.
  Reconciliation Reports: Familiarize yourself with the reconciliation reports available in SAP to analyze the results of the reconciliation process.
  Documentation: Refer to SAP documentation or help files for more detailed information on the reconciliation process and how to interpret messages related to it.
  
  If you continue to have concerns or if the message appears in a context where you believe there should be an error, consider reaching out to your SAP support team or consulting with a functional expert in your organization.