How To Fix FISA_LOC518 - General ledger account not assigned to the custody type

FISA_LOC518 - Overview

• Message type: E = Error

• Message class: FISA_LOC - FI Localization for KSA

• Message number: 518

• Message text: General ledger account not assigned to the custody type

What causes this issue?

You have not assigned a general ledger (G/L) account to the custody
type.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Assign G/L accounts to custody types in Customizing for <ZK>Financial
Accounting (New)</> under <ZK>Accounts Receivable and Accounts Payable
-> Business Transactions -> Country-Specific Settings -> Saudi Arabia ->
Advance Payment -> Assign G/L Accounts to Custody Types</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FISA_LOC518 - Details

• The SAP error message FISA_LOC518 indicates that a general ledger (G/L) account is not assigned to the specified custody type in the system. This error typically arises in the context of financial accounting and asset management, particularly when dealing with custody accounts in SAP.
  
  Cause:
  The error occurs when:
  
  A transaction is attempted that requires a G/L account to be linked to a specific custody type, but no such assignment exists in the system.
  The configuration for the custody type in the system is incomplete or incorrect.
  The G/L account being used is not set up to handle the specific custody type.
  
  
  Solution:
  To resolve the FISA_LOC518 error, follow these steps:
  
  
  Check Custody Type Configuration:
  
  Navigate to the configuration settings for custody types in SAP.
  Ensure that the custody type you are working with is properly configured and that it has the necessary G/L accounts assigned.
  
  
  
  Assign G/L Account to Custody Type:
  
  Go to the transaction code OBYC (or the relevant configuration