How To Fix JBDVT055 - No balance with balance date &1 exists

JBDVT055 - Overview

• Message type: E = Error

• Message class: JBDVT - Messages for Variable Transaction

• Message number: 055

• Message text: No balance with balance date &1 exists

What causes this issue?

You attempted to change the balance with balance date &V1& for variable
transaction &V2& in company code &V3&. No balance with this date has
yet been created.

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 JBDVT055 - No balance with balance date &1 exists ?

  The SAP error message JBDVT055, which states "No balance with balance date &1 exists," typically occurs in the context of the SAP Joint Venture Accounting (JVA) module. This error indicates that the system could not find any balance for the specified balance date in the relevant accounts.
  Causes:
  
  No Transactions Posted: There may not be any transactions posted for the specified balance date, leading to no available balances.
  Incorrect Balance Date: The balance date specified in the transaction may be incorrect or not aligned with the accounting periods.
  Data Not Yet Processed: If the data has not been processed or posted to the relevant accounts, the balances will not be available.
  
  Configuration Issues: There may be configuration issues in the JVA settings that prevent the system from recognizing balances for the specified date.
  Period Closing: The accounting period may be closed, and no further transactions can be posted or viewed for that period.
  
  Solutions:
  
  Verify Transactions: Check if