How To Fix MQ562 - Differences between assets and G/L accounts adjusted at the key date

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 562

• Message text: Differences between assets and G/L accounts adjusted at the key date

What causes this issue?

Differences occurred on the changeover key date when comparing asset
summary records and G/L accounts.

System Response

The system created a balancing entry for these differences by making
postings at account level.

How to fix this error?

You can display the posted documents using program RFEWSBAL.
Changeover package: Active package
Phase: POST
Origin change: AS
<DS:TRAN.EWF1>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ562 - Differences between assets and G/L accounts adjusted at the key date ?

  The SAP error message MQ562 indicates that there are discrepancies between the asset values and the corresponding General Ledger (G/L) accounts as of a specific key date. This typically occurs during the year-end closing process or when performing asset accounting activities. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  
  Data Inconsistencies: The most common cause of this error is inconsistencies between the asset accounting and the G/L accounts. This can happen due to:
  
  Manual adjustments made directly in the G/L accounts that were not reflected in the asset accounting.
  Incorrect postings or missing transactions in either the asset accounting or G/L accounts.
  Differences arising from depreciation calculations or asset transfers that were not properly executed.
  
  
  
  Timing Issues: If transactions are posted to the G/L after the asset accounting has been closed for the period, this can lead to discrepancies.
  
  
  Configuration Issues: Incorrect configuration in the asset accounting settings or G/L account settings can also lead to mismatches.
  
  
  Solution:
  
  
  Reconcile Asset and G/L Accounts:
  
  Use transaction codes like AW01N (Asset Explorer) to review asset values and compare them with the corresponding G/L accounts.
  Check for any unposted transactions or discrepancies in the asset history.
  
  
  
  Run Reports:
  
  Utilize the report S_ALR_87011963 (Asset Balances) to compare asset balances with G/L balances.
  Use S_ALR_87011964 (Asset History Sheet) to analyze the history of asset transactions.
  
  
  
  Adjustments:
  
  If discrepancies are found, make the necessary adjustments in the asset accounting or G/L accounts to ensure they match.
  If manual adjustments were made in the G/L, consider reversing them and posting through the asset accounting module.
  
  
  
  Check Configuration:
  
  Review the configuration settings in the Asset Accounting module to ensure they are set up correctly.
  Ensure that the integration between Asset Accounting and Financial Accounting is functioning properly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to asset accounting and G/L integration for specific guidance on resolving discrepancies.
  
  
  
  Seek Help from SAP Support:
  
  If the issue persists, consider reaching out to SAP support for assistance, especially if it involves complex configurations or system errors.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  AB01: Manual Asset Posting
  ABT1N: Transfer within Company Code
  
  
  
  Year-End Closing: Ensure that all year-end closing activities are completed correctly, including depreciation runs and asset transfers.
  
  
  Documentation: Keep documentation of all adjustments made for audit purposes and future reference.
  
  
  By following these steps, you should be able to identify and resolve the discrepancies causing the MQ562 error in SAP.