How To Fix CMAC_FEE_CALC505 - No clearing account exists for student with grant type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: CMAC_FEE_CALC - Messages for Student Accounting

• Message number: 505

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

What causes this issue?

The system could not derive a clearing account for the student
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_CALC505 - No clearing account exists for student with grant type &1 ?

  The SAP error message CMAC_FEE_CALC505 indicates that there is no clearing account configured for a student with a specific grant type. This error typically arises in the context of student financials or fee calculation processes within SAP, particularly in modules related to student accounting or financial aid.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the clearing account for the specified grant type has not been set up in the system. This could be due to oversight during system configuration or changes in grant types that were not reflected in the clearing account settings.
  Incorrect Grant Type: The grant type being referenced may not be valid or may not have an associated clearing account.
  Student Master Data Issues: There may be issues with the student’s master data, such as missing or incorrect grant type assignments.
  
  
  Solution:
  
  
  Check Clearing Account Configuration:
  
  Navigate to the configuration settings for student financials in SAP.
  Verify that a clearing