How To Fix ACE021 - No standard accrual method exists for accrual type &1

ACE021 - Overview

• Message type: E = Error

• Message class: ACE - Nachrichten zur Accrual Engine

• Message number: 021

• Message text: No standard accrual method exists for accrual type &1

What causes this issue?

The system is creating or changing an accrual object in the Accrual
Engine. However, the Accrual Engine does not set an accrual method
here. In cases like this, at least one default accrual method must be
defined in the Accrual Engine.

System Response

No default accrual methods have been defined.

How to fix this error?

Change Accrual Engine Customizing accordingly.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACE021 - No standard accrual method exists for accrual type &1 ?

  The SAP error message ACE021, which states "No standard accrual method exists for accrual type &1," typically occurs in the context of financial accounting and controlling when the system is unable to find a standard accrual method for a specified accrual type. This can happen during processes such as posting accruals or running month-end closing activities.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the accrual type specified does not have a corresponding standard accrual method defined in the system.
  Incorrect Accrual Type: The accrual type being used may not be valid or may not be set up correctly in the system.
  Customizations: If there have been customizations or changes to the accrual types or methods, it may lead to inconsistencies.
  Transport Issues: If the configuration was transported from one system to another (e.g., from development to production), it may not have been transported correctly.
  
  
  Solution:
  
  
  Check Accrual Type Configuration:
  
  Go to the configuration