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

ACE_S4049 - Overview

• 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.

ACE_S4049 - Details

• 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