How To Fix FTVV_MESSAGES055 - Acct assignment ref. do not exist, posting is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 055

• Message text: Acct assignment ref. do not exist, posting is not possible

What causes this issue?

You cannot make postings because the loan master record does not
contain an account assignment reference.

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?

Check the master data for the loan and the Customizing settings for the
creation form and product type to which the loan is assigned.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTVV_MESSAGES055 - Acct assignment ref. do not exist, posting is not possible ?

  The SAP error message FTVV_MESSAGES055 indicates that there is an issue with the account assignment reference in your financial transaction. Specifically, it means that the account assignment reference you are trying to use does not exist in the system, which prevents the posting from being completed.
  Cause:
  
  Missing Account Assignment Reference: The account assignment reference you are trying to use may not have been created or may have been deleted.
  Incorrect Configuration: The configuration settings for account assignment references may not be set up correctly in the system.
  Data Entry Error: There may be a typographical error in the account assignment reference you are entering.
  Authorization Issues: The user may not have the necessary permissions to access the account assignment reference.
  
  Solution:
  
  
  Check Account Assignment Reference:
  
  Verify that the account assignment reference you are trying to use exists in the system. You can do this by navigating to the relevant transaction or table where account assignment references are maintained.
  
  
  
  Create or Update Account Assignment Reference:
  
  If the reference does not exist, you may need to create it. This can typically be done in the configuration settings or through a specific transaction code (e.g., OAA3 for asset accounting).
  If it exists but is not configured correctly, update the reference as needed.
  
  
  
  Review Configuration Settings:
  
  Check the configuration settings related to account assignment references in the SAP system. Ensure that all necessary settings are correctly defined.
  
  
  
  Correct Data Entry:
  
  Double-check the entry for any typographical errors. Ensure that you are using the correct reference.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to access and use the account assignment reference. This may require coordination with your SAP security team.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed information on account assignment references and their configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAA3 (for asset accounting) or other related codes depending on your specific module.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.