How To Fix FQ291 - New G/L account for asset line cannot be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 291

• Message text: New G/L account for asset line cannot be determined

What causes this issue?

The G/L account of a fixed asset line in a standing request can be
neither derived again nor checked as the program does not support this
function.

System Response

The system does not derive the existing G/L account again.

How to fix this error?

If the G/L account is no longer valid, you adjust the standing request
manually after running the program.

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 FQ291 - New G/L account for asset line cannot be determined ?

  The SAP error message FQ291 ("New G/L account for asset line cannot be determined") typically occurs in the context of asset accounting when the system is unable to find the appropriate General Ledger (G/L) account for a specific asset line item. This can happen for various reasons, often related to configuration issues or missing data.
  Causes:
  
  Missing Configuration: The G/L account for the asset line item may not be configured in the Asset Accounting settings.
  Account Determination: The account determination settings for the asset class may not be properly set up, leading to the system being unable to find the correct G/L account.
  Asset Class Issues: The asset class assigned to the asset may not have the necessary G/L accounts defined.
  New G/L Settings: If the system is using New G/L functionality, there may be additional settings required that are not configured.
  Transaction Type: The transaction type being used may not have a corresponding G/L account defined.
  
  Solutions:
  
  
  Check Asset Class Configuration:
  
  Go to the Asset Accounting configuration (Transaction code: OAOA).
  Verify that the asset class has the correct G/L accounts assigned for the relevant transactions (e.g., acquisition, transfer, retirement).
  
  
  
  Review Account Determination:
  
  Check the account determination settings (Transaction code: OAYZ) to ensure that the correct accounts are assigned for the asset transactions.
  Ensure that the account determination is set up for both classic and New G/L if applicable.
  
  
  
  Verify G/L Account Settings:
  
  Ensure that the G/L accounts are active and not blocked for posting.
  Check if the G/L accounts are correctly mapped in the chart of accounts.
  
  
  
  Check Transaction Type:
  
  Review the transaction type being used for the asset posting and ensure that it is correctly configured in the system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to asset accounting and G/L account determination for any specific guidance or updates.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OAOA: Asset Class Configuration
  OAYZ: Account Determination
  OABW: Asset Master Data
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Roles: Ensure that the user has the necessary authorizations to view and modify asset accounting settings.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.