How To Fix GG476 - The ledger currency does not automatically balance to zero

GG476 - Overview

• Message type: E = Error

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

• Message number: 476

• Message text: The ledger currency does not automatically balance to zero

What causes this issue?

In ledger &V1&, you are using "ledger currency" as one of the possible
currencies.

System Response

The FI-SL system cannot guarantee that all document lines of a posted
document in ledger currency balance to zero. This is because each line
in the document is translated separately, and rounding differences may
result in a nonzero balance for the document as a whole.

How to fix this error?

If you have already selected the group currency as a parallel currency
in the central settings for financial accounting (at company code
level), check whether you can use the group currency instead of the
ledger currency.
If you cannot or do not wish to use parallel currencies in financial
accounting, you may be able to run a special program each period to
translate currency in FI-SL to obtain zero balances in ledger currency.

Procedure for System Administrators

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 GG476 - The ledger currency does not automatically balance to zero ?

  The SAP error message GG476, which states "The ledger currency does not automatically balance to zero," typically occurs in the context of financial accounting and reporting within the SAP system. This error indicates that there is an imbalance in the ledger entries, meaning that the total debits do not equal the total credits for a specific ledger currency.
  Causes:
  
  Unbalanced Transactions: There may be transactions that have not been properly balanced, such as missing entries or incorrect postings.
  Currency Conversion Issues: If there are transactions involving multiple currencies, discrepancies in conversion rates or incorrect currency settings can lead to imbalances.
  Manual Adjustments: Manual journal entries or adjustments that do not follow the double-entry accounting principle can cause this error.
  
  Configuration Issues: Incorrect configuration in the ledger settings or accounting principles can lead to this error.
  Data Entry Errors: Mistakes during data entry, such as incorrect amounts or missing entries, can also result in this issue.
  
  Solutions:
  
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