How To Fix CMAC_FEE_CALC504 - No clearing account exists for sponsor with grant type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: CMAC_FEE_CALC - Messages for Student Accounting

• Message number: 504

• Message text: No clearing account exists for sponsor with grant type &1

What causes this issue?

The system could not derive a clearing account for the sponsor
with grant type &V1&.

System Response

The system has cancelled posting.

Procedure for System Administrators

Define how the system should derive the clearing account for grant type
&V1&. You make this setting in Customizing for <LS>Campus Management</>
in the IMG activity
<DS:SIMG.CM_AS_XX_786>Define Clearing Account for Grant Evaluation</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMAC_FEE_CALC504 - No clearing account exists for sponsor with grant type &1 ?

  The SAP error message CMAC_FEE_CALC504 indicates that there is no clearing account configured for a sponsor associated with a specific grant type. This error typically arises in the context of financial transactions related to grants and sponsorships in SAP, particularly when dealing with fee calculations or financial postings.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the system does not have a clearing account set up for the specified sponsor and grant type combination. This can happen if the necessary configuration has not been completed in the system.
  Incorrect Grant Type: The grant type being used may not be correctly linked to a clearing account in the system.
  Data Entry Errors: There may be errors in the data entry for the sponsor or grant type, leading to the system being unable to find the appropriate clearing account.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings in SAP for the financial module related to grants