How To Fix JBDVT162 - Average position ledger for ledger & does not exist

JBDVT162 - Overview

• Message type: E = Error

• Message class: JBDVT - Messages for Variable Transaction

• Message number: 162

• Message text: Average position ledger for ledger & does not exist

What causes this issue?

You want to use this variable transaction to read an average balance
from ledger &V1& and write it to a value field in Profitability Analysis
, or reconcile it with a value field.
The system cannot calculate the average balance without an average
position ledger. However, no average position ledgers have been created
in Customizing for ledger &V1&.

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?

Use the Customizing link to create an average position ledger.
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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 JBDVT162 - Average position ledger for ledger & does not exist ?

  The SAP error message JBDVT162, which states "Average position ledger for ledger & does not exist," typically occurs in the context of the SAP Joint Venture Accounting (JVA) module. This error indicates that the system is unable to find the average position ledger for the specified ledger in the system.
  
  Cause:
  
  Missing Configuration: The average position ledger has not been configured for the specified ledger in the Joint Venture Accounting settings.
  Incorrect Ledger Assignment: The ledger being referenced may not be correctly assigned or may not exist in the system.
  Data Inconsistency: There may be inconsistencies in the data or configuration that prevent the system from recognizing the average position ledger.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the Joint Venture Accounting configuration settings in SAP.
  Verify that the average position ledger is defined for the specific ledger you are working with.
  Ensure that all necessary settings related to the average position ledger are correctly configured.
  
  
  
  Create or Assign Average Position Ledger:
  
  If