How To Fix FB714 - The transaction type could not be determined from the account.

SAP Error Message - Details

• Message type: E = Error

• Message class: FB - Batch Programs

• Message number: 714

• Message text: The transaction type could not be determined from the account.

What causes this issue?

The transaction category could not be determined from the account
defined in Bank Account Management (for example, owing to missing
authorizations).

System Response

The default transaction category from Customizing is used.

How to fix this error?

Check whether the user has authorization for Bank Account Management.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FB714 - The transaction type could not be determined from the account. ?

  The SAP error message FB714 ("The transaction type could not be determined from the account") typically occurs during the processing of financial transactions, particularly when trying to post a document in the Financial Accounting (FI) module. This error indicates that the system is unable to determine the appropriate transaction type for the account being used in the posting.
  Causes:
  
  
  Missing Configuration: The transaction type may not be configured for the specific account in the system. This can happen if the account is not set up correctly in the chart of accounts or if the necessary transaction types are not assigned to the account.
  
  
  Account Type Issues: The account being used may not be compatible with the transaction type being processed. For example, if you are trying to post a transaction that requires a specific type of account (like a revenue or expense account), but the account is set up as a different type (like an asset account), this error can occur.
  
  
  Document Type Issues: The document type being used for the transaction may not be compatible with the account or transaction type.
  
  
  Missing Master Data: The master data for the account (such as the G/L account) may be incomplete or incorrectly configured.
  
  
  Solutions:
  
  
  Check Account Configuration: Verify that the G/L account is correctly configured in the system. Ensure that the account is assigned to the correct account group and that the necessary transaction types are defined.
  
  
  Review Transaction Type Settings: Go to the configuration settings in SAP (Transaction Code: OBYC) and check the settings for transaction types. Ensure that the transaction type you are trying to use is correctly mapped to the relevant accounts.
  
  
  Document Type Verification: Ensure that the document type being used is appropriate for the transaction and that it is configured to allow postings to the account in question.
  
  
  Master Data Review: Check the master data for the G/L account to ensure that all required fields are filled out correctly. You can do this using Transaction Code FS00.
  
  
  Consult SAP Notes: Sometimes, specific issues may be addressed in SAP Notes. Check the SAP Support Portal for any relevant notes that might provide additional guidance or patches.
  
  
  Testing in a Sandbox: If possible, replicate the issue in a test or sandbox environment to better understand the cause without affecting production data.
  
  
  Related Information:
  
  Transaction Codes: 
  
  FB50: General Ledger Account Document Entry
  FS00: G/L Account Master Data
  OBYC: Configuration for Automatic Postings
  
  
  SAP Documentation: Refer to SAP Help documentation for detailed information on financial accounting and configuration settings.
  User Forums: Consider checking SAP community forums or user groups for similar issues and solutions shared by other users.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP FI configuration.