How To Fix FAGL_CL061 - Account &1 in company code &2 is managed on an open item basis

FAGL_CL061 - Overview

• Message type: E = Error

• Message class: FAGL_CL - Cash Ledger

• Message number: 061

• Message text: Account &1 in company code &2 is managed on an open item basis

What causes this issue?

No operational processes are portrayed in the cash ledger. Instead, the
cash ledger only portrays cash transactions on bank accounts relating to
expenses and revenues. For this reason, the cash ledger <ZH>cannot</>
use any accounts that are managed on an open item basis.

System Response

The posting is terminated.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_CL061 - Account &1 in company code &2 is managed on an open item basis ?

  The SAP error message FAGL_CL061 indicates that the specified account (Account &1) in the specified company code (&2) is managed on an open item basis. This means that the account is set up to track open items, which are transactions that have not yet been fully cleared or settled.
  
  Cause:
  The error typically occurs when you are trying to post a transaction to an account that is configured to manage open items, but the transaction does not meet the requirements for open item management. This can happen in various scenarios, such as:
  
  Posting to a Non-Open Item Account: You may be trying to post a transaction that is not compatible with open item management.
  Incorrect Document Type: The document type used for the posting may not be allowed for open item accounts.
  Missing Clearing Information: If you are trying to clear an item, the necessary clearing information may not be provided.
  
  
  Solution:
  To resolve the FAGL_CL061 error,