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

MQ744 - Overview

• 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