How To Fix GL554 - Perform the summarization with elimination of internal business volume

SAP Error Message - Details

• Message type: E = Error

• Message class: GL - FI-SL Rollup

• Message number: 554

• Message text: Perform the summarization with elimination of internal business volume

What causes this issue?

The summarization has already been performed for year &v1& with
elimination of the internal business volume. To guarantee data
consistency, you must always perform a summarization with elimination
of the internal business volume for this year.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Correct your summarization definition.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GL554 - Perform the summarization with elimination of internal business volume ?

  The SAP error message GL554, which states "Perform the summarization with elimination of internal business volume," typically occurs in the context of financial reporting, particularly when dealing with internal transactions between different company codes or segments within an organization. This error is often encountered during the execution of financial reports or during the closing process when the system is trying to summarize financial data.
  Cause:
  
  Internal Business Volume: The error indicates that there are internal transactions that need to be eliminated for accurate financial reporting. This is common in organizations that have multiple entities or divisions that transact with each other.
  Missing Configuration: The necessary configuration for summarizing and eliminating internal business volume may not be set up correctly in the system.
  Data Issues: There may be inconsistencies or missing data in the financial records that prevent the summarization process from completing successfully.
  
  Solution:
  
  
  Check Configuration:
  
  Ensure that the necessary settings for internal business volume elimination are correctly configured in the SAP system. This includes settings in the Financial Accounting (FI) and Controlling (CO) modules.
  Review the settings for the relevant ledgers and ensure that the elimination accounts are properly defined.
  
  
  
  Run Summarization:
  
  Execute the summarization process again. This can typically be done through transaction codes like S_ALR_87012357 or S_ALR_87012358, depending on your specific reporting needs.
  Make sure to select the appropriate parameters for the summarization process, including the correct company codes and periods.
  
  
  
  Data Consistency Check:
  
  Perform a data consistency check to identify any discrepancies in the internal transactions. This can involve reviewing the relevant financial documents and ensuring that all internal transactions are recorded correctly.
  Use transaction codes like FB03 to review individual documents and FBL3N for account balances.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling GL554 errors. This may include SAP Notes or Knowledge Base Articles that provide additional troubleshooting steps.
  
  
  
  Engage with SAP Support:
  
  If the issue persists after checking configurations and data, consider reaching out to SAP support for assistance. They can provide more detailed insights based on your specific system configuration and version.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for financial reporting and summarization in SAP, such as S_ALR_87012357, S_ALR_87012358, FB03, and FBL3N.
  SAP Notes: Search for SAP Notes related to GL554 for any known issues or patches that may address the error.
  Training and Documentation: Consider training sessions or documentation on financial reporting and internal business volume elimination in SAP to better understand the processes involved.
  
  By following these steps, you should be able to resolve the GL554 error and ensure accurate financial reporting within your SAP system.