How To Fix FQ778 - The G/L account stated & is not possible for the FM account assignment

FQ778 - Overview

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 778

• Message text: The G/L account stated & is not possible for the FM account assignment

What causes this issue?

The stated G/L account &V1& could not be found for the stated FM account
assignment of the corresponding Customizing table.

System Response

The stated G/L account &V1& is deleted and made available ready for
input.

How to fix this error?

Check your entry or refer to recommendation values.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ778 - The G/L account stated & is not possible for the FM account assignment ?

  The SAP error message FQ778 indicates that there is an issue with the General Ledger (G/L) account that is being used in conjunction with a Funds Management (FM) account assignment. This error typically arises when the G/L account is not compatible with the FM account assignment, which can occur for several reasons.
  Cause of Error FQ778
  
  
  Account Assignment Issues: The G/L account may not be set up to be used with the specific FM account assignment. This can happen if the G/L account is not marked for use in Funds Management.
  
  
  Account Type Mismatch: The G/L account type may not be compatible with the FM account assignment. For example, certain G/L accounts may be restricted to specific types of transactions.
  
  
  Configuration Settings: There may be configuration settings in the Funds Management module that restrict the use of certain G/L accounts with specific FM account assignments.
  
  
  Missing Authorizations: The user may not have the necessary authorizations