How To Fix EQ297 - Specify a reconciliation key for G/L accounting

SAP Error Message - Details

• Message type: E = Error

• Message class: EQ - Cross-IS-U functions

• Message number: 297

• Message text: Specify a reconciliation key for G/L accounting

What causes this issue?

You must specify a
<DS:GLOS.35718D8986C2223AE10000009B38F984>reconciliation key</> for
certain move-in or move-out actions (such as final billing, or
posting/reversing documents from contract accounts receivable and
payable).

System Response

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

How to fix this error?

Enter a reconciliation key. If this is not possible, contact your system
administrator.

Procedure for System Administrators

In certain situations (such as the automatic reversal of invoice
documents in move-in or move-out) it is not possible to enter a
reconciliation key manually. For this reason, you should use one of the
following two options to determine a reconciliation key:
Define rules for default values in <DS:CHAP._FICABFDP_RK>Customizing</>
Use <DS:TRAN.FQEVENTS>event 1113</> from contract accounts receivable
and payable.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message EQ297 - Specify a reconciliation key for G/L accounting ?

  The SAP error message EQ297, which states "Specify a reconciliation key for G/L accounting," typically occurs in the context of Asset Accounting (FI-AA) when there is an issue with the reconciliation between Asset Accounting and General Ledger (G/L) accounting. This error indicates that a reconciliation key has not been specified for the asset, which is necessary for proper integration between the two modules.
  Cause:
  
  Missing Reconciliation Key: The asset master record does not have a reconciliation key defined. The reconciliation key is essential for linking the asset to the appropriate G/L accounts.
  Configuration Issues: The configuration settings in the Asset Accounting module may not be set up correctly, leading to the absence of a reconciliation key.
  Data Entry Errors: During the creation or modification of the asset master record, the reconciliation key may not have been entered or was incorrectly entered.
  
  Solution:
  
  
  Check Asset Master Record:
  
  Go to the Asset Master Record (Transaction Code: AS02 or AS03).
  Verify if the reconciliation key is specified in the asset master data. If it is missing, you will need to enter the appropriate reconciliation key.
  
  
  
  Define Reconciliation Key:
  
  If you do not have a reconciliation key defined, you may need to create one. This can be done in the configuration settings:
  
  Navigate to SPRO ? Financial Accounting ? Asset Accounting ? Integration ? Define Reconciliation Keys.
  Create or modify the reconciliation key as needed.
  
  
  
  
  
  Review Configuration:
  
  Ensure that the integration settings between Asset Accounting and G/L accounting are correctly configured. This includes checking the account determination settings and ensuring that the correct G/L accounts are assigned to the asset classes.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for additional guidance on reconciliation keys and their importance in the integration of Asset Accounting and G/L accounting.
  
  
  
  Testing:
  
  After making the necessary changes, test the asset transactions again to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  Transaction Codes: AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset).
  Integration Points: Understand how Asset Accounting integrates with Financial Accounting (FI) and the implications of missing reconciliation keys on financial reporting.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.