How To Fix ACE_S4049 - Ledger group &1 is not configured for item type &2 in company code &3.

SAP Error Message - Details

• Message type: E = Error

• Message class: ACE_S4 - Messages for S/4HANA Accrual Engine

• Message number: 049

• Message text: Ledger group &1 is not configured for item type &2 in company code &3.

What causes this issue?

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

System Response

How to fix this error?

Configure ledger group &V1& for accrual item type &V2& in customizing
view
<DS:SIMG.VC_TACE_ITEMTY>Define Accrual Item Types</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACE_S4049 - Ledger group &1 is not configured for item type &2 in company code &3. ?

  The SAP error message ACE_S4049 indicates that a specific ledger group is not configured for a particular item type in a given company code. This error typically arises in the context of financial accounting and controlling when trying to post or process transactions that involve ledger groups and item types.
  Cause:
  
  Configuration Issue: The ledger group specified in the error message is not set up to handle the item type mentioned. This could be due to missing configuration in the Financial Accounting (FI) or Controlling (CO) modules.
  Incorrect Item Type: The item type being used in the transaction may not be valid for the specified ledger group.
  Company Code Settings: The company code may not have the necessary settings or configurations to support the transaction involving the specified ledger group and item type.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the relevant configuration settings for ledger groups and item types.
  Ensure that the ledger group is properly configured for the item type in question. This may involve checking the settings under:
  
  Financial Accounting (FI) -> General Ledger Accounting -> Master Data -> G/L Accounts -> Prepare G/L Account Creation
  Controlling (CO) -> Cost Element Accounting -> Master Data -> Define Cost Elements
  
  
  Make sure that the ledger group is assigned to the correct company code and item type.
  
  
  
  Review Item Type:
  
  Verify that the item type being used in the transaction is correct and valid for the ledger group. If necessary, consult with your finance team to confirm the appropriate item type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on configuring ledger groups and item types. This can provide insights into any additional settings that may be required.
  
  
  
  Testing:
  
  After making the necessary configuration changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Seek Help:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (for defining ledger groups) or OBY6 (for company code settings) to access the relevant configuration areas.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional context or solutions.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to identify and resolve the cause of the ACE_S4049 error in your SAP system.