How To Fix FU063 - Cannot carry forward balance for CoCcde & because & converted to euro

SAP Error Message - Details

• Message type: E = Error

• Message class: FU - Utilities

• Message number: 063

• Message text: Cannot carry forward balance for CoCcde & because & converted to euro

What causes this issue?

In fiscal year &V2&, a local currency in company code &V1& was
converted to euro. You are now prevented from being able to run a
balance carried forward program, both for this fiscal year, and for all
previous years. This is because your accounts could no longer agree.

System Response

The system terminates processing.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FU063 - Cannot carry forward balance for CoCcde & because & converted to euro ?

  The SAP error message FU063 indicates that there is an issue with carrying forward balances in a specific company code (CoCd) due to currency conversion problems. This typically occurs during the year-end closing process when balances need to be carried forward to the new fiscal year.
  Cause:
  
  
  Currency Conversion Issues: The error suggests that there is a problem with converting the balances to Euro (or the specified currency). This could be due to:
  
  Missing exchange rates for the relevant period.
  Incorrect configuration of currency settings in the system.
  Issues with the currency type used in the company code.
  
  
  
  Inconsistent Data: There may be inconsistencies in the financial data that prevent the system from carrying forward the balances correctly.
  
  
  Open Items: There might be open items in the accounts that need to be cleared before the carry forward can be processed.
  
  
  Configuration Issues: The settings in the financial accounting module may not be correctly configured for the currency conversion.
  
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the relevant currencies are maintained for the required periods.
  Ensure that the exchange rates are valid and correctly set up.
  
  
  
  Review Company Code Settings:
  
  Check the configuration of the company code in transaction code OX15 to ensure that the currency settings are correct.
  Verify that the currency type is set up properly.
  
  
  
  Clear Open Items:
  
  Review the accounts for any open items that may need to be cleared. Use transaction codes like FBL1N, FBL3N, or FBL5N to check for open items in vendor, customer, or general ledger accounts.
  
  
  
  Run Year-End Closing Program:
  
  Ensure that you are following the correct steps for the year-end closing process. Use transaction code AJAB to run the year-end closing program.
  
  
  
  Check for Inconsistencies:
  
  Use transaction code FAGLB03 to review the balances and ensure there are no inconsistencies in the financial data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific guidance on handling carry forward balances and currency conversion issues.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OX15: Define Company Code
  FBL1N/FBL3N/FBL5N: Display Open Items
  AJAB: Year-End Closing Program
  FAGLB03: Display G/L Account Balances
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  User Roles: Ensure that the user executing the carry forward has the necessary authorizations to perform the actions required.
  
  
  If the issue persists after following these steps, it may be necessary to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting.