How To Fix GG270 - Field movement 0001 must be assigned to carry forward the balance

GG270 - Overview

• Message type: E = Error

• Message class: GG - Messages for FI-SL customizing

• Message number: 270

• Message text: Field movement 0001 must be assigned to carry forward the balance

What causes this issue?

Field movement 0001 which is important for carrying forward the balance
of the general ledger (ledger 00) is not assigned to the general ledger.
This field movement is required for profit and loss accounts.
Note for the system administrator: an entry is missing in table T884C
or the entry is incorrect.

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?

To correct the customizing entries for the general ledger, execute the
function for this ('Correct entries') in the menu screen of this error
list.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GG270 - Field movement 0001 must be assigned to carry forward the balance ?

  The SAP error message GG270, which states "Field movement 0001 must be assigned to carry forward the balance," typically occurs in the context of financial accounting, particularly when dealing with the carry-forward of balances in the General Ledger (G/L) accounts. This error indicates that there is a configuration issue related to the field movement settings for the carry-forward process.
  
  Cause:
  
  Field Movement Configuration: The error usually arises when the field movement (in this case, 0001) is not properly configured in the system to allow for the carry-forward of balances. Field movements are used to define how balances are carried forward from one fiscal year to the next.
  Missing Assignment: The specific field movement may not be assigned to the relevant G/L accounts or may not be set up correctly in the configuration settings.
  Incorrect Settings in the Carry Forward Program: The settings in the carry-forward program may not align with the requirements for the