How To Fix GU028 - Start of the initialization of the group currency fields of GLT0

SAP Error Message - Details

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 028

• Message text: Start of the initialization of the group currency fields of GLT0

What causes this issue?

The group currency fields KSLVT to KSL16 have been added to table GLT0
with ledger 00 (general ledger).
This XPRA initializes these new fields.

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 GU028 - Start of the initialization of the group currency fields of GLT0 ?

  The SAP error message GU028, which states "Start of the initialization of the group currency fields of GLT0," typically occurs during the initialization process of the group currency fields in the General Ledger (GL) table GLT0. This error can arise due to various reasons, including configuration issues, missing data, or inconsistencies in the system.
  Causes:
  
  Missing Configuration: The group currency settings may not be properly configured in the system.
  Data Inconsistencies: There may be inconsistencies in the financial data that prevent the initialization process from completing successfully.
  Authorization Issues: The user may not have the necessary authorizations to perform the initialization.
  Technical Issues: There could be underlying technical issues, such as database locks or system performance problems.
  
  Solutions:
  
  
  Check Configuration:
  
  Ensure that the group currency is correctly defined in the company code settings. You can check this in the configuration settings under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare G/L Accounts for Posting.
  Verify that the group currency is set up in the controlling area and company code.
  
  
  
  Data Consistency Check:
  
  Run consistency checks on the financial data to identify any discrepancies. You can use transaction codes like FB03 to review document postings and FBL1N or FBL3N for vendor and G/L account line items.
  If inconsistencies are found, they may need to be corrected before proceeding with the initialization.
  
  
  
  Authorization Check:
  
  Ensure that the user executing the initialization has the necessary authorizations. Check the user roles and profiles to confirm that they have access to the required transactions.
  
  
  
  Technical Troubleshooting:
  
  Check for any database locks or performance issues that may be affecting the initialization process. You can use transaction SM12 to view and manage locks.
  If the issue persists, consider checking the system logs (transaction SM21) for any related error messages that could provide further insight.
  
  
  
  Re-run Initialization:
  
  After addressing the above points, attempt to re-run the initialization process. This can typically be done through the relevant transaction or program that initiates the group currency field initialization.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for currency settings), OBY6 (for group currency settings), and S_ALR_87012357 (for financial statement reports).
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message. You can search for notes in the SAP Support Portal.
  Documentation: Review SAP documentation for detailed information on configuring group currencies and handling initialization processes.
  
  If the problem persists after trying the above solutions, it may be beneficial to consult with your SAP Basis or functional team for further assistance or to escalate the issue to SAP support.