How To Fix FDC_POSTING_001029 - Negative postings for company code & and document type & not allowed.

SAP Error Message - Details

• Message type: E = Error

• Message class: FDC_POSTING_001 - FI Postings

• Message number: 029

• Message text: Negative postings for company code & and document type & not allowed.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FDC_POSTING_001029 - Negative postings for company code & and document type & not allowed. ?

  The SAP error message FDC_POSTING_001029 indicates that negative postings are not allowed for a specific company code and document type. This error typically arises in the context of financial accounting when attempting to post a transaction that would result in a negative balance for a particular account or when the system settings do not permit negative postings for the specified document type.
  Cause:
  
  Configuration Settings: The company code or document type may be configured to disallow negative postings. This is often a control measure to prevent erroneous entries that could lead to inaccurate financial reporting.
  Account Settings: The specific accounts involved in the transaction may be set up to not allow negative balances.
  Transaction Type: The type of transaction being posted may inherently not support negative postings (e.g., certain types of invoices or credit memos).
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the company code and document type in the SAP system.
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Document Types and check the settings for the relevant document type.
  Ensure that the document type allows for negative postings if that is the intended behavior.
  
  
  
  Review Account Settings:
  
  Check the account settings for the accounts involved in the transaction. Ensure that they are configured to allow negative balances if necessary.
  You can do this by navigating to Financial Accounting > General Ledger > Master Records > G/L Account > Centrally and reviewing the account settings.
  
  
  
  Adjust the Transaction:
  
  If negative postings are not allowed and should not be allowed, consider adjusting the transaction to ensure it does not result in a negative balance.
  This may involve changing the amounts being posted or using a different document type that allows for the intended posting.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidelines related to your organization's configuration and policies regarding negative postings.
  
  
  
  User Authorization:
  
  Ensure that the user attempting the posting has the necessary authorizations to perform the transaction. Sometimes, restrictions can be due to user roles and permissions.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling negative postings.
  Transaction Codes: Familiarize yourself with transaction codes such as FB01 (Post Document) or FB50 (G/L Account Document) to understand where the error is occurring.
  Testing: If changes are made to the configuration, it is advisable to test the posting in a development or test environment before applying changes to the production system.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution. If the issue persists, consider reaching out to your SAP support team for further assistance.