3446007 - Error: Company ABC/set of books DEF: Result from YYYY not yet carried forward. Complete outstanding balance carry forward runs for YYYY." occurred during Balance Carryforward

You have executed the Balance Carry forward YYYY without error for Company ABC. However the system is showing an error message as mentioned below.
Error: Company ABC/set of books DEF: Result from YYYY not yet carried forward. Complete outstanding balance carry forward runs for YYYY."

'ABC' refers to Company ID

'DEF' refers to Set of Books.

'YYYY' refers to Year.

SAP Business ByDesign.

1. Go to the General Ledger work center.
2. Go to the General Ledger Account sub view.
3. Try to give Company ABC and Set of Books DEF.
4. Click Go.
5. You will see the error message as " Company ABC/set of books DEF: Result from YYYY not yet carried forward. Complete outstanding balance carry forward runs for YYYY."

The error is still showing because the Step 2 was not executed yet for Company ABC. You have only executed the Step: 1 for Balance Carryforward.

Usually the balance Carry Forward consists of two steps:

1. Step 1: Carry Forward G/L Account Balances.
2. Step 2: Calculate and Carry Forward Profit/Loss.

The complete Balance Carryforward has two steps that need to be executed in order to do that please follow the below mentioned steps:

1. Go to the General Ledger work center.
2. Go to Periodic Tasks View and Balance Carry Forward Sub-view.
3. Click on new Carry Forward.
4. Enter Company: ABC; Year to Be Carried Forward: YYYY and Balance Carryforward Step: 2-Calculate and Carry Forward Profit/Loss.
5. Click on Start Now.

Once you execute balance carryforward for Step: 2-Calculate and Carry Forward Profit/Loss, You won't see any error message in the General Ledger accounts view.

2467642 - Error Message: Bal. Carryforward not Executed for Company ABC, Set of Books XYZ, and Year

Balance Carryforward, Account Balances, Carry Forward Profit/Loss, General Ledger, Company, Set of Books. , KBA , SRD-FIN-GL , General Ledger , Problem