How To Fix FQ631 - Deferral G/L acct for comp. code grp & and fiscal yr ID & not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 631

• Message text: Deferral G/L acct for comp. code grp & and fiscal yr ID & not maintained

What causes this issue?

For the fiscal year identification &V1& and the company code group &V2&
there is no deferral G/L account in the Funds Management Customizing.

System Response

The program cannot determine the G/L account 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.

INCLUDE NA_PSM_CUSTOMIZ OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ631 - Deferral G/L acct for comp. code grp & and fiscal yr ID & not maintained ?

  The SAP error message FQ631 indicates that there is a missing configuration for the deferral General Ledger (G/L) account for a specific company code group and fiscal year ID. This error typically arises in the context of financial accounting and is related to the configuration of deferral accounts in the SAP system.
  Cause:
  
  Missing Configuration: The primary cause of this error is that the deferral G/L account has not been maintained for the specified company code group and fiscal year ID in the system.
  Incorrect Settings: There may be incorrect or incomplete settings in the configuration of the financial accounting module, particularly in the area of deferrals and accruals.
  Company Code Group: The company code group specified in the transaction may not have a corresponding deferral account set up in the system.
  
  Solution:
  To resolve the FQ631 error, follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings > Deferrals and Accruals > Define Deferral Accounts.
  Ensure that the deferral G/L accounts are defined for the relevant company code group and fiscal year ID.
  
  
  
  Maintain Deferral Accounts:
  
  If the deferral accounts are not maintained, create or update the necessary entries for the specific company code group and fiscal year ID.
  Make sure that the G/L accounts are correctly assigned and that they meet the requirements for deferrals.
  
  
  
  Check Company Code Group:
  
  Verify that the company code group being used in the transaction is correctly set up and that it corresponds to the correct deferral accounts.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP functional consultant for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OAA3 (for defining deferral accounts) or OAOA (for managing asset accounting) to access the relevant configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to the financial accounting configuration.
  
  By following these steps, you should be able to resolve the FQ631 error and ensure that the deferral G/L accounts are properly maintained in your SAP system.