SAP Knowledge Base Article - Public

3270987 - Error message "Balances for reconciliation accounts only in local currency not defined"

Symptom

  • When changing a reconciliation account "Recon. Account for Account Type" to K (Vendor) the error message "Balances for reconciliation accounts only in local currency not defined" is prompted.

Environment

  • SAP S/4HANA Cloud

Reproducing the Issue

  1. Manage G/L Account Master Data App
  2. Enter the effected reconciliation account
  3. Edit
  4. Company Code section
  5. Change "Recon. Account for Account Type" to K (Vendor)
  6. OK 
  7. Save
  8. "Balances for reconciliation accounts only in local currency not defined"

Cause

The flag 'Only Balance in Local Currency' is set.

Resolution

  1. Remove the indicator for 'Only Balance in Local Currency'
  2. Save
  3. Attempt to preform the changes to the account type

Keywords

FH061, FH 061, FS00, SKA1, SKB1, GL, error, saving,  , KBA , FI-FIO-GL , Fiori UI for General Ledger Accounting , FI-FIO-GL-2CL , Fiori UI for General Ledger Accounting (Public Cloud) , FI-GL-GL-N , Master Data , FI-FIO-GL-MD , Master Data Apps , Problem

Product

SAP S/4HANA Cloud Public Edition all versions