How To Fix FQ292 - G/L account &1 in standing request &2 is no longer valid

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 292

• Message text: G/L account &1 in standing request &2 is no longer valid

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ292 - G/L account &1 in standing request &2 is no longer valid ?

  The SAP error message FQ292 indicates that a General Ledger (G/L) account specified in a standing request is no longer valid. This typically occurs in the context of financial transactions, particularly when dealing with recurring entries or standing requests in the SAP system.
  Cause:
  
  Account Deactivation: The G/L account referenced in the standing request has been deactivated or marked as inactive in the system.
  Account Deletion: The G/L account may have been deleted from the chart of accounts.
  Changes in Account Settings: Changes in the account settings, such as changes in account type or account group, may have rendered the account invalid for the specific transaction.
  Company Code Issues: The G/L account may not be valid for the company code associated with the standing request.
  Date Issues: The validity period of the G/L account may not cover the date of the transaction.
  
  Solution:
  
  Check Account Status: Verify the status of the G/L account in the SAP system. You can do this by navigating to the G/L account master data and checking if the account is active.
  Reassign or Update the Account: If the account is inactive or deleted, you may need to either reactivate it or update the standing request to use a valid G/L account.
  Review Company Code Settings: Ensure that the G/L account is valid for the company code in question. If necessary, create a new G/L account that is valid for the company code.
  Adjust Validity Dates: If the account is valid but has a restricted validity period, consider adjusting the dates to ensure it is valid for the transaction date.
  Consult with Finance Team: If you are unsure about the changes, consult with your finance or accounting team to ensure compliance with accounting policies.
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like FS00 to view and edit G/L account master data.
  Error Logs: Check the error logs or transaction history for more context on when and why the error occurred.
  Documentation: Refer to SAP documentation or help files for more detailed information on managing G/L accounts and standing requests.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  By following these steps, you should be able to resolve the FQ292 error and ensure that your standing requests are processed correctly.