How To Fix FSBP_FISCAL_YEAR027 - Retained earnings based on company bylaws cannot be negative (FY &1)

FSBP_FISCAL_YEAR027 - Overview

• Message type: E = Error

• Message class: FSBP_FISCAL_YEAR - Fiscal Year Information

• Message number: 027

• Message text: Retained earnings based on company bylaws cannot be negative (FY &1)

Self-Explanatory Message

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FSBP_FISCAL_YEAR027 - Details

• The SAP error message FSBP_FISCAL_YEAR027 indicates that the retained earnings for a specific fiscal year cannot be negative according to the company bylaws. This error typically arises during the year-end closing process or when trying to post transactions that would affect retained earnings.
  
  Cause:
  
  
  Negative Retained Earnings: The primary cause of this error is that the retained earnings for the specified fiscal year (indicated by &1 in the error message) have been calculated to be negative. This can happen if:
  
  There are significant losses that exceed the retained earnings balance.
  Incorrect postings or adjustments have been made to the retained earnings account.
  The closing process has not been executed correctly, leading to discrepancies in the financial statements.
  
  
  
  
  Configuration Issues: There may be issues with the configuration of the financial statements or the settings related to retained earnings in the SAP system.
  
  
  
  Solution:
  
  
  Review Financial Statements: Check the financial statements for the fiscal year in question to understand the