How To Fix FR404 - No balances exist for the selected values

FR404 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 404

• Message text: No balances exist for the selected values

What causes this issue?

The system checks whether the program which transfers the tax balances
from the documents provides data for at least one of the selected taxes
on sales/purchases groups and for the run date and the run ID. This is
not the case.
Possible causes are:
You have specified the taxes on sales/purchases groups incorrectly.
You have specified the run date and run ID incorrectly.

How to fix this error?

Change the values of the selection parameters.

Error message extract from SAP system. Copyright SAP SE.

FR404 - Details

• The SAP error message FR404 ("No balances exist for the selected values") typically occurs when you are trying to retrieve financial data, such as balances or reports, but the system cannot find any data that matches the criteria you have specified. This can happen in various SAP modules, particularly in Financial Accounting (FI) or Controlling (CO).
  Causes:
  
  Incorrect Selection Criteria: The parameters you have entered (such as company code, fiscal year, period, account, etc.) may not match any existing data in the system.
  Data Not Posted: There may be no transactions posted for the selected account or period.
  Data Cleared: Balances may have been cleared or adjusted, resulting in no remaining balances for the selected criteria.
  Authorization Issues: You may not have the necessary authorizations to view the data for the selected criteria.
  Incorrect Configuration: There may be issues with the configuration of the financial reporting or the underlying data structures.
  
  Solutions:
  
  Check Selection Criteria: Review the parameters