How To Fix GU633 - Carry forward the parallel currency ledgers also

SAP Error Message - Details

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 633

• Message text: Carry forward the parallel currency ledgers also

What causes this issue?

You want to carry forward the balances for the general ledger.
You have other active ledgers, in addition to ledger 00, and they have
to be carried forward as well.

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?

Using the input help, display the parallel currency ledgers and carry
them forward also.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GU633 - Carry forward the parallel currency ledgers also ?

  The SAP error message GU633, which states "Carry forward the parallel currency ledgers also," typically occurs during the year-end closing process when the system is trying to carry forward balances from one fiscal year to the next. This error indicates that the system requires the carry forward of parallel currency ledgers in addition to the local currency ledger.
  Cause:
  
  Missing Configuration: The error often arises when the configuration for carrying forward balances in parallel currencies is not set up correctly in the system.
  Incomplete Year-End Closing Process: If the year-end closing process has not been completed for all currency ledgers, this error may occur.
  Parallel Currency Settings: The settings for parallel currencies in the company code may not be properly defined or activated.
  
  Solution:
  To resolve the GU633 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Periodic Processing > Carry Forward Balances.
  Ensure that the settings for carrying forward balances for parallel currencies are correctly configured.
  
  
  
  Execute Year-End Closing:
  
  Ensure that the year-end closing process has been executed for all relevant ledgers, including parallel currencies.
  Use Transaction Code: F.16 (Carry Forward Balances) to carry forward balances for all ledgers.
  
  
  
  Review Company Code Settings:
  
  Check the company code settings to ensure that parallel currencies are activated.
  Go to Transaction Code: OB22 to review the settings for the company code and ensure that the parallel currency is defined.
  
  
  
  Run the Carry Forward Program:
  
  Execute the carry forward program again after making the necessary adjustments.
  Use Transaction Code: F.16 to run the carry forward process for both local and parallel currencies.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the GU633 error for any specific instructions or updates that may apply to your version of SAP.
  
  
  
  Related Information:
  
  Parallel Currencies: In SAP, parallel currencies allow organizations to maintain financial records in multiple currencies, which is essential for multinational companies or those operating in regions with different currency requirements.
  Fiscal Year Closing: The fiscal year closing process is critical for ensuring that financial statements are accurate and that all transactions for the year are properly accounted for.
  SAP Notes: Check SAP Notes for any known issues or patches related to the GU633 error. You can search for relevant notes in the SAP Support Portal.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting.