How To Fix FG892 - Clearing currency from assignment only possible for G/L accounts

SAP Error Message - Details

• Message type: E = Error

• Message class: FG - Program Error Messages

• Message number: 892

• Message text: Clearing currency from assignment only possible for G/L accounts

trados = fi

What causes this issue?

The <LS>Clearing Currency from Assignment</> indicator is currently only
useful for bank clearing accounts that are posted to with the electronic
account statement. The indicator has no effect on customer and vendor
accounts.

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?

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 FG892 - Clearing currency from assignment only possible for G/L accounts ?

  The SAP error message FG892 ("Clearing currency from assignment only possible for G/L accounts") typically occurs in the context of financial transactions, particularly when dealing with clearing accounts or when trying to perform a clearing operation that involves different currencies.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Incorrect Account Type: The transaction is attempting to clear an account that is not a General Ledger (G/L) account. Clearing operations are generally only applicable to G/L accounts, and if the account involved is a sub-ledger account (like accounts payable or accounts receivable), this error will be triggered.
  
  
  Currency Mismatch: The clearing operation may involve different currencies, and the system is unable to process the transaction because it expects a specific currency assignment for G/L accounts.
  
  
  Configuration Issues: There may be configuration settings in the SAP system that restrict clearing operations for certain account types or currencies.
  
  
  Solution:
  To resolve the FG892 error, consider the following steps:
  
  
  Check Account Type: Ensure that the account you are trying to clear is indeed a G/L account. If it is a sub-ledger account, you may need to adjust your clearing process accordingly.
  
  
  Review Currency Settings: Verify that the currencies involved in the transaction are compatible. If you are trying to clear transactions in different currencies, you may need to convert them to a common currency or ensure that the G/L account is set up to handle multiple currencies.
  
  
  Transaction Type: Make sure you are using the correct transaction type for the clearing operation. If you are trying to clear a vendor or customer account, use the appropriate transaction for those accounts instead of a G/L clearing transaction.
  
  
  Configuration Review: If the issue persists, review the configuration settings in the SAP system related to clearing accounts and currency settings. You may need to consult with your SAP administrator or a financial consultant to ensure that the system is configured correctly.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for more detailed information on the specific transaction you are trying to perform and any related settings that may need to be adjusted.
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its system, and there may be specific notes addressing this error.
  Transaction Codes: Familiarize yourself with relevant transaction codes (like F-03 for clearing G/L accounts) and their proper usage.
  User Roles and Permissions: Ensure that the user performing the transaction has the necessary permissions to execute clearing operations.
  
  If the problem continues after following these steps, it may be beneficial to engage with SAP support or a qualified SAP consultant for further assistance.