foreign currency valuation

[Former Member]

Dear All,

I am working on ECC6 version. I want to do valuation on GL balances. When ever i am trying to do F.05 it throwing an error as below

Error message:

You can only valuate balances using a ledger group</b>Message no. FR887

Diagnosis

You want to valuate balances in the general ledger. However, the system cannot assign a ledger group to the valuation area. This connection is necessary for the program to read the balances from the correct ledger(s).

System Response

Error message.

Procedure

Assign a ledger group to the valuation area.

Can Any one please guide where to this assignment

Points Awaiting!!!!

[Former Member · Accepted solution]

Hi,

Please check whether u have defined the Ledger for General Ledger Accounting in IMG

FA(New)>FAGlobal SeetingsNew>Ledgers>Ledger>

1. Define Ledger for General Ledger Accounting

2. Define Ledger Group.

In this check whether Leading ledger is Checked as Representative Ledger.

Check in the IMG for

FA(New)>FAGlobal SeetingsNew>General Ledger AccountingNew>Periodic Processing>Check Assignment of Accounting Principle to Ledger Group.

Hope this helps you

Regards

Balaji

Message was edited by:

Balaji

[Former Member]

Hi Balaji & Pratiksha

This Problem is solved

Jasmin

[Former Member]

Hi Yasmin,

Do follow the following steps in this

1) Checkwhether you have cretaed Ledger group and assigned ita representive ledger or not

IMG-Financial Accounting (New)- Financial Accounting Global Settings (New)—Ledgers- Ledger- Define Ledger Group

2)Check whether you have assigned the accounting principle to Ledger group

IMG-Financial Accounting (New)- Financial Accounting Global Settings (New)—Ledgers-Parallel Accounting-Assign Accounting Principle to Ledger Groups

3) Check assignment of Accounting principle to Valuation Area

IMG-Financial Accounting (New)- General Ledger Accounting (New)-Business Transactions-Periodic Processing-Valuate-Assign Valuation Areas and Accounting Principles

Actualy the leading ledger is attached to the ledger group

a ledger group is attached to the accounting principle

Accounting Principle is attatched to the valuation area

Do mantain this. I think this should sove your problem

Regards

Pratiksha

*Please assign points if helpful