How To Fix G4028 - There is a balance in the interventure suspense acct. in company &

SAP Error Message - Details

• Message type: E = Error

• Message class: G4 - EC-CS Consolidation

• Message number: 028

• Message text: There is a balance in the interventure suspense acct. in company &

What causes this issue?

There is a balance on the interventure suspense account. This account
is used for posting caused by balanced books by venture. This document
in company & causes "balanced books" posting lines in JV.
The interventure suspense account balance should always be zero (over
all ventures).

System Response

You cannot post this document

How to fix this error?

Please create an OSS-message with "E028 in JV-IM" in the header.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G4028 - There is a balance in the interventure suspense acct. in company & ?

  The SAP error message G4028 indicates that there is a balance in the interventure suspense account for a specific company code. This typically occurs in the context of intercompany transactions, where balances are not properly cleared or reconciled between different company codes within the same corporate group.
  Cause:
  
  Uncleared Transactions: There may be transactions that have not been cleared or settled between the involved company codes.
  Incorrect Posting: Transactions may have been posted incorrectly, leading to an imbalance in the intercompany accounts.
  Timing Issues: Transactions may have been recorded in different periods, causing temporary discrepancies.
  Configuration Issues: The intercompany settings in the SAP system may not be configured correctly, leading to issues in how transactions are processed.
  
  Solution:
  
  Review Transactions: Check the intercompany transactions for the involved company codes. Look for any transactions that have not been cleared or settled.
  Clear Balances: Use the appropriate clearing transactions (e.g., F-03 for clearing) to settle any outstanding balances in the interventure suspense account.
  Reconcile Accounts: Perform a reconciliation of the intercompany accounts to ensure that all transactions are accounted for and that there are no discrepancies.
  Check Configuration: Review the configuration settings for intercompany transactions in SAP. Ensure that all necessary settings are correctly defined.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling intercompany transactions and suspense accounts.
  Engage with Finance Team: Collaborate with your finance or accounting team to ensure that all intercompany transactions are properly recorded and reconciled.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N (Vendor Line Item Display), FBL3N (G/L Account Line Item Display), and F-03 (Clear G/L Account).
  Intercompany Accounting: Understand the principles of intercompany accounting and how they apply to your organization.
  SAP Notes: Check for any SAP Notes related to error G4028 for additional troubleshooting steps or patches that may address the issue.
  Training: Consider training sessions or workshops on intercompany accounting processes within SAP to prevent future occurrences of this error.
  
  By following these steps, you should be able to identify the cause of the G4028 error and implement a solution to resolve the balance in the interventure suspense account.