How To Fix MQ744 - Balance for ledger &1 not carried forward into year &2

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 744

• Message text: Balance for ledger &1 not carried forward into year &2

What causes this issue?

In the carryforward period for ledger &V1&, no values were found in the
totals database in year &V2&. Before the changeover to the euro, you
must carry forward prior year balances.

System Response

Error message

How to fix this error?

Carry forward balances from the prior year.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ744 - Balance for ledger &1 not carried forward into year &2 ?

  The SAP error message MQ744 indicates that the balance for a specific ledger (denoted as &1) has not been carried forward into the new fiscal year (denoted as &2). This typically occurs during the year-end closing process when balances from the previous fiscal year need to be transferred to the new fiscal year.
  Cause:
  
  Year-End Closing Not Completed: The year-end closing process for the ledger has not been completed successfully.
  Configuration Issues: There may be issues with the configuration settings for the ledger or the fiscal year variant.
  Missing Entries: There could be missing entries or transactions that need to be posted before the carryforward can occur.
  Authorization Issues: The user may not have the necessary authorizations to perform the carryforward process.
  Technical Issues: There may be technical issues or errors in the system that prevent the carryforward from being executed.
  
  Solution:
  
  Complete Year-End Closing: Ensure that the year-end closing process for the ledger has been completed. This may involve running specific closing programs or transactions in SAP.
  Check Configuration: Review the configuration settings for the ledger and fiscal year variant to ensure they are set up correctly. This includes checking the settings in the Financial Accounting (FI) module.
  Post Missing Entries: Identify and post any missing entries or transactions that are required for the carryforward process.
  Check Authorizations: Verify that the user has the necessary authorizations to perform the carryforward process. If not, contact your SAP security team to obtain the required permissions.
  Run Carryforward Program: Use the appropriate SAP transaction (e.g., S_ALR_87012357 or S_ALR_87012358) to run the carryforward program for the ledger.
  Consult SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional guidance.
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB52: To maintain the posting periods.
  S_ALR_87012357: To check balances carried forward.
  S_ALR_87012358: To analyze the carryforward process.
  
  
  
  Documentation: Refer to SAP documentation or help files for detailed instructions on the year-end closing process and carryforward procedures.
  
  
  SAP Community: Engage with the SAP Community or forums for additional insights and solutions from other users who may have encountered similar issues.
  
  
  If the problem persists after following these steps, it may be necessary to involve your SAP support team or consult with SAP directly for further assistance.