How To Fix FMLGD850 - Basic setting for error handling when interpreting turnover (credit memo)

FMLGD850 - Overview

• Message type: E = Error

• Message class: FMLGD -

• Message number: 850

• Message text: Basic setting for error handling when interpreting turnover (credit memo)

What causes this issue?

An event was triggered that belongs to the error handling of the
turnover interpretation of a credit memo.

System Response

If no special entry exists for this event in the Customizing for error
events, the system tries to execute the posting based on the basic
setting for error handling with turnover interpretation of a credit memo
(message 850)
If no basic setting exists for the error handling for the turnover
interpretation of a credit memo, the system cannot execute the posting
automatically.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FMLGD850 - Details

• The SAP error message FMLGD850, which indicates a problem with the basic settings for error handling when interpreting turnover (credit memo), typically arises in the context of financial transactions, particularly when dealing with credit memos in the SAP system. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  
  Configuration Issues: The error often stems from incorrect or incomplete configuration settings in the Financial Accounting (FI) module, particularly related to credit memos and turnover interpretation.
  Missing Master Data: There may be missing or incorrect master data related to customers, vendors, or accounts that are involved in the transaction.
  Posting Rules: The posting rules for credit memos may not be properly defined, leading to issues when the system attempts to process these transactions.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to perform the transaction, leading to error messages.
  
  Solutions:
  
  
  Check Configuration Settings:
  
  Navigate to the configuration settings in the SAP