FMS Error – “Duplicate Ledger Code ! This Ledger Code exists in the previous financial year, a Structure Update is recommended”.
This error appears because a ledger code had been created in the previous year, after close down, and had not been updated in the new year’s structure.
To resolve this, you will need to open the previous year, go to Tools/Define Financial Years/Update Next Year’s Structures:
Tag the code and then click on Copy Tagged.