How To Fix FX021 - First item: Enter pstng key, receiv.comp.code, G/L acct

SAP Error Message - Details

• Message type: E = Error

• Message class: FX - Distributed FI Application Messages

• Message number: 021

• Message text: First item: Enter pstng key, receiv.comp.code, G/L acct

What causes this issue?

In the first line on the entry screen, you have made an entry for at
least one of the fields Posting key, Company code or G/L account.

System Response

The line was not stored.

How to fix this error?

If an entry is not made in the fields Posting key, Company code or G/L
account, the system copies the values from the line above. There is,
however, no line above for the first line. Therefore, specify the
posting key, company code or G/L account or delete the line.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FX021 - First item: Enter pstng key, receiv.comp.code, G/L acct ?

  The SAP error message FX021 typically indicates that there is missing information in a financial transaction, specifically related to the posting key, receiving company code, or general ledger (G/L) account. This error often occurs during the posting of financial documents, such as invoices or journal entries, in the SAP system.
  Cause:
  
  Missing Posting Key: The posting key is a two-digit code that determines the type of transaction being posted (e.g., debit or credit). If this is not entered, the system cannot process the transaction.
  Missing Company Code: The company code is a key organizational unit in SAP that represents a legal entity. If the receiving company code is not specified, the system cannot determine where to post the transaction.
  Missing G/L Account: The G/L account is necessary for posting financial transactions. If it is not provided, the system cannot identify where to record the transaction.
  Incorrect Configuration: There may be configuration issues in the financial settings that prevent the system from recognizing the necessary fields.
  
  Solution:
  
  Check Input Fields: Ensure that you have entered all required fields, including the posting key, receiving company code, and G/L account. Double-check for any typos or omissions.
  Review Transaction Type: Make sure that the transaction type you are trying to post is valid and that you are using the correct posting key for that type of transaction.
  Verify Company Code: Confirm that the company code you are using is active and correctly configured in the system.
  Check G/L Account: Ensure that the G/L account you are trying to use is valid, active, and has the necessary authorizations for posting.
  Consult Configuration: If you suspect a configuration issue, consult with your SAP FI (Financial Accounting) consultant or system administrator to review the settings related to posting keys, company codes, and G/L accounts.
  Use SAP Notes: Check SAP Notes or the SAP Support Portal for any known issues or patches related to this error message.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB01 (Post Document), F-02 (General Posting), or FB50 (G/L Account Document Entry) where this error might occur.
  SAP Documentation: Refer to SAP Help documentation for detailed information on financial postings and the significance of posting keys, company codes, and G/L accounts.
  User Authorizations: Ensure that the user has the necessary authorizations to post transactions in the specified company code and G/L account.
  
  By addressing the missing information and ensuring that all required fields are filled out correctly, you should be able to resolve the FX021 error and successfully post your financial transaction.