How To Fix GJ950 - Balance for Venture & Group & Must Be Zero.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 950

• Message text: Balance for Venture & Group & Must Be Zero.

What causes this issue?

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).

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 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 question. Ensure that all entries are correctly posted and that there are no missing transactions.
  Reconcile Accounts: Perform a reconciliation of the accounts involved. This may involve comparing the balances in the JVA accounts with the general ledger accounts to identify discrepancies.
  Correct Posting Errors: If any incorrect postings are found, they should be corrected. This may involve reversing incorrect entries and posting the correct ones.
  Check Configuration: Review the configuration settings for Joint Venture Accounting to ensure that they are set up correctly. This includes checking the venture and group settings.
  Use Transaction Codes: Utilize relevant transaction codes such as S_ALR_87012086 (for balance reports) or S_ALR_87012087 (for reconciliation) to analyze the balances and identify discrepancies.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on resolving balance issues in JVA.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP JVA, such as CJ20N (Project Builder) and CJI3 (Project Actual Line Items).
  SAP Notes: Check for any SAP Notes related to error GJ950 for additional troubleshooting steps or patches that may address known issues.
  User Roles: Ensure that the user has the appropriate roles and authorizations to view and modify the relevant accounting entries.
  Testing: After making corrections, perform a test posting to ensure that the error does not reoccur.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant specializing in SAP JVA for further assistance.