How To Fix MQ804 - Balance exists in &1st local currency in ledger &2 company code &3

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 804

• Message text: Balance exists in &1st local currency in ledger &2 company code &3

What causes this issue?

There is a difference between the debits and credits in the &V1&st
local currency in ledger &V2&, company code &V3&.

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?

CASE &V4&.
WHEN 'E'.
You can find more information in the following error message. For
further analysis, start program RGEURBAL as a test run, that is
activate the "List balances only" switch. Contact the SAP hotline.
WHEN 'W'.
Before processing further, check conversion of the G/L account
transaction figures.
ENDCASE.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ804 - Balance exists in &1st local currency in ledger &2 company code &3 ?

  The SAP error message MQ804 indicates that there is a balance in the specified local currency in the ledger for a particular company code. This error typically arises during the execution of financial transactions, such as posting or closing periods, when the system detects that there are outstanding balances that need to be addressed.
  Cause:
  
  Uncleared Transactions: There may be open items or transactions that have not been cleared or settled in the specified company code and ledger.
  Currency Mismatch: The transaction may involve multiple currencies, and the local currency balance is not zero.
  Incorrect Configuration: There may be issues with the configuration of the ledger or company code settings that prevent the balance from being cleared.
  Pending Adjustments: There could be pending adjustments or corrections that have not been posted, leading to an outstanding balance.
  
  Solution:
  
  Review Open Items: Check for any open items in the specified company code and ledger. You can use transaction codes like FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to identify any outstanding items.
  Clear Balances: If there are open items, you may need to clear them using the appropriate clearing transactions (e.g., F-44 for vendor clearing, F-32 for customer clearing).
  Check Configuration: Ensure that the configuration for the ledger and company code is correct. This includes checking the settings for currency types and ensuring that all necessary postings have been made.
  Post Adjustments: If there are pending adjustments, ensure that they are posted correctly to eliminate the outstanding balance.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance related to your version of SAP and the context of the error.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FBL1N, FBL3N, F-44, and F-32 for managing open items and clearing balances.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional insights or solutions.
  User Authorization: Ensure that you have the necessary authorizations to view and clear transactions in the specified company code and ledger.
  Consult with Finance Team: If you are unable to resolve the issue, consult with your finance or accounting team, as they may have additional insights or access to tools that can help in resolving the balance issue.
  
  By following these steps, you should be able to identify the cause of the MQ804 error and take appropriate actions to resolve it.