How To Fix G0760 - Cons chart of accounts &1 was set as a global parameter

SAP Error Message - Details

• Message type: E = Error

• Message class: G0 - Messages for SAP Consolidation

• Message number: 760

• Message text: Cons chart of accounts &1 was set as a global parameter

What causes this issue?

Before you accessed the FS item hierachy, the
<DS:GLOS.consolidation_chart_of_accounts>cons chart of accounts</> &V2&
was set as a global parameter, since the FS item hierarchy can only be
called up for the global cons chart of accounts. Chart of accounts &V1&
has now been reset as the global chart of accounts.

System Response

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

How to fix this error?

If you want to continue working with chart of accounts &V2&, set it as
a global parameter in Consolidation Customizing.

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 G0760 - Cons chart of accounts &1 was set as a global parameter ?

  The SAP error message G0760 indicates that a specific chart of accounts (COA) has been set as a global parameter, which can lead to issues when trying to perform certain financial operations or configurations. Here’s a breakdown of the cause, potential solutions, and related information for this error:
  Cause:
  
  Global Parameter Setting: The chart of accounts specified in the error message is set as a global parameter in the system. This means that it is being used across multiple company codes or organizational units.
  Inconsistent Configuration: The error may arise if there are inconsistencies in the configuration of the chart of accounts across different company codes or if the system is trying to access a chart of accounts that is not properly configured for the specific company code.
  Transaction Context: The error can occur during specific transactions that require a different chart of accounts than the one set as a global parameter.
  
  Solution:
  
  
  Check Global Parameters: 
  
  Navigate to the configuration settings in SAP (Transaction Code: SPRO).
  Go to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Prepare G/L Account Creation.
  Verify the global parameters set for the chart of accounts and ensure they are correct.
  
  
  
  Review Company Code Settings:
  
  Ensure that the company code you are working with is correctly assigned to the chart of accounts.
  Check the configuration for the company code (Transaction Code: OX02) and ensure that the correct chart of accounts is assigned.
  
  
  
  Adjust Transaction Settings:
  
  If the error occurs during a specific transaction, review the transaction settings to ensure that the correct chart of accounts is being referenced.
  If necessary, adjust the transaction to use the appropriate chart of accounts.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or help files related to the specific transaction or configuration you are working with to ensure compliance with best practices.
  
  
  
  Contact SAP Support: 
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), OX02 (Company Code), and others that may be relevant to your financial configuration.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to make changes to the chart of accounts and related configurations.
  
  By following these steps, you should be able to identify the cause of the G0760 error and implement a solution to resolve it.