How To Fix FR670 - Acct determination is incorrect: Comp. Code &1 - Val. Area &2 - Acct &3

FR670 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 670

• Message text: Acct determination is incorrect: Comp. Code &1 - Val. Area &2 - Acct &3

How to fix this error?

Use transaction OBA1 to maintain account determination in foreign
currency valuation.

Error message extract from SAP system. Copyright SAP SE.

FR670 - Details

• The SAP error message FR670 indicates that there is an issue with account determination in the context of financial transactions. This error typically arises when the system cannot find a valid account for a specific combination of company code, valuation area, and account type. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Missing Account Assignment: The account determination for the specified combination of company code, valuation area, and account type is not set up in the system.
  Incorrect Configuration: The configuration for account determination may be incorrect or incomplete in the relevant modules (e.g., Asset Accounting, Material Management).
  Valuation Area Issues: The valuation area may not be correctly defined or linked to the company code.
  Account Group Issues: The account group for the specified account may not be properly configured or may not allow postings for the given transaction.
  
  
  Solution:
  
  
  Check Account Determination Configuration:
  
  Navigate to the relevant configuration settings in SAP (e.g., SPRO)