Message type: E = Error
Message class: GJ - Joint Venture Accounting
Message number: 950
Message text: Balance for Venture & Group & Must Be Zero.
If FB06 (clearing without posting) is used, the balance of selected
open items must be zero for each venture and equity group, when
balanced books by venture are on (see T8JZ).
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.
GJ950
- Balance for Venture & Group & Must Be Zero. ?The SAP error message GJ950, which states "Balance for Venture & Group & Must Be Zero," typically occurs in the context of Joint Venture Accounting (JVA) within SAP. This error indicates that there is an imbalance in the financial entries related to a specific venture or group, which must be resolved before proceeding with further transactions or postings.
Cause: Imbalance in Entries: The most common cause of this error is that the total debits and credits for a specific venture or group do not match, leading to a non-zero balance. Incorrect Posting: There may be incorrect or incomplete postings in the accounting documents related to the venture or group. Missing Transactions: Some transactions may not have been posted or may have been posted incorrectly, leading to discrepancies.
Configuration Issues: There could be issues with the configuration of the Joint Venture Accounting settings in SAP.
Solution: Review Transactions: Check all transactions related to the venture or group in
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