How To Fix FDC_POSTING_001035 - Open item transaction currency amount can only be set for cash accounts

FDC_POSTING_001035 - Overview

• Message type: E = Error

• Message class: FDC_POSTING_001 - FI Postings

• Message number: 035

• Message text: Open item transaction currency amount can only be set for cash accounts

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FDC_POSTING_001035 - Open item transaction currency amount can only be set for cash accounts ?

  The SAP error message FDC_POSTING_001035 indicates that there is an issue with the transaction currency amount being set for an open item that is not a cash account. This error typically arises in the context of financial postings, particularly when dealing with open items in accounts receivable or accounts payable.
  
  Cause:
  The error occurs because the system is trying to set a transaction currency amount for an open item in an account that is not designated as a cash account. In SAP, cash accounts are specifically configured to handle cash transactions, and the system enforces rules that restrict certain operations to these accounts.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Account Type: Verify that the account you are trying to post to is indeed a cash account. You can do this by checking the account settings in the SAP system.
  
  
  Use a Cash Account: If the account is not a cash