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

SAP Error Message - Details

• 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 to make changes to the account assignment.
  
  Solution:
  
  Check Account Type: Verify the type of G/L account you are trying to assign and ensure it is compatible with the company code.
  Review Company Code Settings: Go to the configuration settings for the company code and check if the G/L account is allowed to be assigned. This can be done in the Financial Accounting (FI) configuration.
  Activate/Unblock Account: If the account is inactive or blocked, you may need to activate it or remove the block.
  Correct Data Inconsistencies: Review the master data for the G/L account and the company code to ensure there are no inconsistencies.
  Check Authorizations: Ensure that the user has the necessary permissions to perform the assignment. This may involve checking user roles and authorizations in the SAP system.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific guidelines related to your organization's configuration.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FS00 (G/L Account Master Data) to view and edit G/L account settings, and OBY6 (Company Code Global Parameters) to check company code settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.