How To Fix GU625 - A carry-forward account is not assigned to chart of accounts & for CCde &

GU625 - Overview

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 625

• Message text: A carry-forward account is not assigned to chart of accounts & for CCde &

What causes this issue?

A particular chart of accounts is assigned to the company code &V2& and
the ledger.
A retained earnings account has not been specified for this chart of
accounts &V1&.

System Response

Error message.
No accounts are carried forward for company code &V2&.

How to fix this error?

If you have authorization to do so, maintain the retained earnings
account for the account plan &V1&.

<DS:SIMG.SIMG_CFMENUORFBOB53>Execute the function</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

GU625 - Details

• The SAP error message GU625 indicates that a carry-forward account has not been assigned to the specified chart of accounts for a particular cost center (CCde). This error typically arises during the year-end closing process when the system attempts to carry forward balances from one fiscal year to the next.
  
  Cause:
  
  Missing Configuration: The carry-forward account for the specified chart of accounts has not been defined in the system.
  Incorrect Chart of Accounts: The chart of accounts being used may not have the necessary carry-forward account set up.
  Cost Center Assignment: The cost center may not be properly assigned to the relevant chart of accounts.
  
  
  Solution:
  To resolve the GU625 error, follow these steps:
  
  
  Check Carry-Forward Account Configuration:
  
  Go to the transaction code OBY6 (or OBY1 depending on your version) to check the carry-forward account settings.
  Ensure that a carry-forward account is assigned to the relevant chart of accounts.
  
  
  
  Assign Carry-Forward Account:
  
  If the carry-forward account is missing, you will need