How To Fix FINS_ACDOC_POST121 - Open item managed accounts are not supported within ledgerspec. process

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_POST - FIN UDoc posting: Message from posting

• Message number: 121

• Message text: Open item managed accounts are not supported within ledgerspec. process

What causes this issue?

Open item managed account &V1& is used as intercompany clearing account
(BUV). In case of a ledger-specific process this type of account is not
allowed.

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?

Review the account determination for the intercompany clearing process.

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 FINS_ACDOC_POST121 - Open item managed accounts are not supported within ledgerspec. process ?

  The SAP error message FINS_ACDOC_POST121 indicates that there is an issue with posting to an open item managed account within a ledger specification that does not support it. This typically occurs in the context of financial accounting when trying to post transactions to accounts that are configured to manage open items, but the ledger or document type being used does not allow for such postings.
  Cause:
  
  Open Item Management: The account you are trying to post to is set up for open item management, which means it is designed to track individual items until they are cleared.
  Ledger Specification: The ledger specification (or ledger type) you are using does not support open item management. This can happen if the ledger is configured for a different type of accounting (e.g., non-open item managed).
  Document Type: The document type used for the posting may not be compatible with open item managed accounts.
  
  Solution:
  
  Check Account Configuration: Verify the configuration of the account you are trying to post to. Ensure that it is correctly set up for open item management if that is the intended use.
  Review Ledger Specification: Check the ledger specification you are using. If it does not support open item management, you may need to switch to a different ledger that does.
  Change Document Type: If the document type is the issue, consider using a different document type that is compatible with open item managed accounts.
  Consult Configuration Settings: Review the configuration settings in the SAP system for both the account and the ledger. This may involve checking the settings in the Financial Accounting (FI) module.
  SAP Notes and Documentation: Look for any relevant SAP Notes or documentation that may provide additional insights or updates regarding this error.
  
  Related Information:
  
  Open Item Management: This is a feature in SAP that allows for the tracking of individual transactions until they are cleared. It is commonly used for accounts such as accounts receivable and accounts payable.
  Ledger Types: In SAP, different ledger types can be configured for various accounting purposes. Understanding the differences between these types is crucial for proper financial reporting.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (to manage posting periods) and FS00 (to manage G/L accounts) for troubleshooting and configuration.
  
  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 Financial Accounting.