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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR670 - Acct determination is incorrect: Comp. Code &1 - Val. Area &2 - Acct &3 ?

  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) and check the account determination settings for the specific module (e.g., Asset Accounting, Material Management).
  Ensure that the account for the specified combination of company code, valuation area, and account type is correctly defined.
  
  
  
  Define Valuation Areas:
  
  Ensure that the valuation area is correctly defined and linked to the company code. This can be checked in the configuration settings for the relevant module.
  
  
  
  Review Account Groups:
  
  Check the account group settings to ensure that the accounts are correctly assigned and that they allow postings for the relevant transactions.
  
  
  
  Use Transaction Codes:
  
  Use transaction codes like OAOA (for Asset Accounting) or OMWB (for Material Management) to review and adjust the account determination settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific guidance on account determination for the relevant module.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for account determination and configuration, such as OAOA, OMWB, and OBYC.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to account determination settings.
  Consult with SAP Support: If the issue persists, consider reaching out to SAP support for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the FR670 error message in SAP.