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

FQ631 - Overview

• 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.

FQ631 - Details

• 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