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.

FQ778 - Details

• 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