How To Fix GZ812 - Classification key BIL not defined for translation diff. prev. year

SAP Error Message - Details

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 812

• Message text: Classification key BIL not defined for translation diff. prev. year

What causes this issue?

The assignment classification key BIL used in version &V1& for the
<DS:GLOS.selected_item>selected item</> 'unappropriated retained
earnings from the previous year' is missing.
This setting is necessary for posting the balance sheet
<DS:GLOS.currency_translation_difference>currency translation
difference</> from the previous year during
<DS:GLOS.currency_translation>currency translation</>, and should be
made separately according to debit/credit indicator.

System Response

Termination

How to fix this error?

Define this classification key in the Implementation Guide in the
chapter concerning selected items.

<DS:TRAN.OCBF>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ812 - Classification key BIL not defined for translation diff. prev. year ?

  The SAP error message GZ812, which states "Classification key BIL not defined for translation diff. prev. year," typically occurs in the context of financial reporting and translation differences in SAP. This error is related to the classification key used for handling translation differences in financial statements, particularly when dealing with foreign currency translations.
  Cause:
  
  Missing Classification Key: The classification key "BIL" (which stands for "Balance") is not defined in the system for handling translation differences from the previous year.
  Configuration Issues: There may be a configuration issue in the Financial Accounting (FI) module where the classification keys for translation differences are not properly set up.
  Data Migration or Upgrade Issues: If the system has recently undergone a migration or upgrade, certain settings may not have been carried over or properly configured.
  
  Solution:
  
  
  Define the Classification Key:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Translation Differences > Define Classification Keys.
  Check if the classification key "BIL" exists. If it does not, you will need to create it and define the necessary parameters.
  
  
  
  Check Configuration:
  
  Ensure that all necessary settings related to translation differences are correctly configured in the system.
  Review the settings for foreign currency valuation and translation differences to ensure they align with your organization's accounting policies.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to translation differences and classification keys for any additional guidance or updates.
  
  
  
  Testing:
  
  After making changes, perform a test run to ensure that the error no longer occurs and that the financial reports are generated correctly.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists after checking the configuration and defining the classification key, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Translation Differences: These are adjustments made in financial statements to account for changes in exchange rates when consolidating financial data from different currencies.
  Classification Keys: These are used in SAP to categorize different types of financial transactions and adjustments, which helps in reporting and analysis.
  Foreign Currency Valuation: This is a process in SAP that ensures that financial statements reflect the correct values when dealing with multiple currencies.
  
  By addressing the configuration and ensuring that the classification key is defined, you should be able to resolve the GZ812 error message.