How To Fix FQ729 - G/L account can be assigned

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 729

• Message text: G/L account can be assigned

What causes this issue?

For the specified FM account assignment, the G/L account '*' was
defined for the G/L account definition in the Customizing of the
<zk>Funds Management</> component.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Due to this entry, you can assign the G/L account to an account in this
document, as required.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ729 - G/L account can be assigned ?

  The SAP error message FQ729 indicates that a General Ledger (G/L) account cannot be assigned to a specific transaction or configuration in the system. This error typically arises in the context of financial transactions, particularly when dealing with accounts in the context of asset accounting, controlling, or financial accounting.
  Cause of Error FQ729
  
  Account Configuration Issues: The G/L account may not be properly configured for the specific transaction type or may not be allowed for the particular posting.
  Account Type Restrictions: The G/L account may be of a type that is not compatible with the transaction being processed (e.g., a revenue account being used in a context that requires an expense account).
  Missing Account Assignment: The account may not be assigned in the relevant configuration settings (e.g., in the chart of accounts or in the specific transaction configuration).
  Inactive G/L Account: The G/L account may be marked as inactive or blocked for postings.
  Missing Master Data: Required master data for the G/L account may be missing or incomplete.
  
  Solution to Error FQ729
  
  
  Check G/L Account Configuration:
  
  Go to the G/L account master data and verify that the account is correctly configured for the intended use.
  Ensure that the account is assigned to the correct account group and is active.
  
  
  
  Review Transaction Type:
  
  Ensure that the G/L account is compatible with the transaction type you are trying to post. For example, check if the account is set up for the correct posting area (e.g., asset accounting, cost center accounting).
  
  
  
  Account Assignment:
  
  Check the configuration settings in the relevant modules (e.g., Financial Accounting, Controlling) to ensure that the G/L account is assigned correctly.
  If necessary, assign the G/L account to the appropriate configuration settings.
  
  
  
  Check for Inactive Accounts:
  
  Verify if the G/L account is marked as inactive or blocked. If so, you may need to reactivate it or choose a different account.
  
  
  
  Review Master Data:
  
  Ensure that all required master data related to the G/L account is complete and accurate.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance related to the error message and the context in which it occurs.
  
  
  
  Related Information
  
  Transaction Codes: You may need to use transaction codes like FS00 (G/L Account Master Record), OBY6 (G/L Account Assignment), or OBA7 (G/L Account Determination) to check and modify account settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to view and modify G/L account settings.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.