How To Fix FICORE562 - Account &1 in company code &2 can only be posted to internally

SAP Error Message - Details

• Message type: E = Error

• Message class: FICORE - FI Message Class for General Messages

• Message number: 562

• Message text: Account &1 in company code &2 can only be posted to internally

What causes this issue?

Account &V1& in company ocde &V2& is flagged as accepting automatic
postings only.

System Response

Error message

How to fix this error?

Choose a different account.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICORE562 - Account &1 in company code &2 can only be posted to internally ?

  The SAP error message FICORE562 indicates that a specific account (denoted by &1) in a particular company code (denoted by &2) is restricted to internal postings only. This means that transactions cannot be posted to this account from external sources, such as customer or vendor transactions.
  Cause:
  
  Account Configuration: The account in question is configured in such a way that it is designated for internal use only. This is often the case for accounts that are used for internal cost allocations, internal transfers, or other non-external transactions.
  Account Type: The account may be set up as a special type of account (e.g., a clearing account or an internal account) that does not allow external postings.
  Company Code Settings: The company code settings may restrict certain accounts from being used in external transactions.
  
  Solution:
  
  Review Account Settings: Check the configuration of the account in the SAP system. You can do this by navigating to the account in the chart of accounts and reviewing its settings. Ensure that it is not marked as "internal only" if you need to post external transactions.
  Change Account Type: If the account is indeed meant for external postings, consider changing its type or settings to allow for such transactions. This may involve working with your finance or accounting team to ensure compliance with internal policies.
  Use Alternative Accounts: If the account is correctly set up for internal use only, you may need to use a different account for the transaction you are trying to post. Identify an appropriate account that allows external postings.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific guidance on how to modify account settings or to understand the implications of changing account types.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FS00 (to display/change G/L account master data) to review and modify account settings.
  Authorization: Ensure that you have the necessary authorizations to make changes to account settings.
  Testing: After making any changes, perform a test transaction to ensure that the issue is resolved and that the account behaves as expected.
  Consulting SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  
  If you are unsure about making changes to account settings, it is advisable to consult with your SAP finance team or a qualified SAP consultant to avoid any unintended consequences.