How To Fix FQ286 - New assignment of account &1 (company code &2) not allowed

FQ286 - Overview

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 286

• Message text: New assignment of account &1 (company code &2) not allowed

What causes this issue?

You want to assign G/L account &V1& (company code &V2&) to summarization
key &V3& with validity from &V4&. However, the account was posted before
&V4& and a day-end closing has been carried out.
By making an assignment, you would change the balances in summarization
key &V3&.

System Response

The assignment is not allowed.

How to fix this error?

If you want to reassign G/L account &V1&/&V2& already assigned and
posted, you must let summarization key &V3& expire using validity
periods and then create a new summarization key with the assignment you
want.
If you delete the account from the summarization key to which other G/L
accounts are still assigned, you must also let this summarization key
expire and replace it with a new one.
For newly created summarization keys you must maintain the starting
balances using report RFFMFITABS_INIT.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ286 - New assignment of account &1 (company code &2) not allowed ?

  The SAP error message FQ286, which states "New assignment of account &1 (company code &2) not allowed," typically occurs in the context of financial accounting when there is an attempt to assign a G/L account to a company code in a way that is not permitted by the system's configuration or business rules.
  
  Cause:
  
  Account Type Restrictions: The G/L account you are trying to assign may have restrictions based on its type (e.g., it may be a balance sheet account that cannot be assigned to a profit and loss company code).
  Company Code Configuration: The company code may not be configured to allow the assignment of the specified G/L account.
  Account Status: The G/L account may be marked as "not active" or "blocked" for the specified company code.
  Data Consistency Issues: There may be inconsistencies in the master data that prevent the assignment from being processed.
  Authorization Issues: The user may not have the necessary authorizations