How To Fix CRM_ACE016 - No accrual type assigned to tran.type &2 and item cat. &3 in component &1

CRM_ACE016 - Overview

• Message type: E = Error

• Message class: CRM_ACE - Accrual Engine Messages for CRM Accruals

• Message number: 016

• Message text: No accrual type assigned to tran.type &2 and item cat. &3 in component &1

What causes this issue?

No accrual type has been assigned to the combination of CRM transaction
type &SYST-MSGV2& and item type &SYST-MSGV3& in the Accrual Engine.

System Response

The accrual object cannot be created.

How to fix this error?

Check your Customizing settings:
<DS:SIMG.CRM_ACE_CU_ACRTY>Assign Accrual Type to Transaction Type</>

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.

CRM_ACE016 - Details

• The SAP error message CRM_ACE016 indicates that there is no accrual type assigned to a specific transaction type and item category in the specified component. This error typically arises in the context of SAP Customer Relationship Management (CRM) when dealing with financial transactions or postings that require accrual accounting.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the accrual type has not been defined for the specific transaction type and item category in the system configuration.
  Incorrect Transaction Type or Item Category: The transaction type or item category being used may not be correctly set up in the system, leading to the absence of an associated accrual type.
  Custom Development: If there are custom developments or modifications in the system, they may not have been properly configured to handle accrual types.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the relevant section for defining accrual types.
  Ensure that