How To Fix FX029 - Clearing accounts are missing for company code &/&

FX029 - Overview

• Message type: E = Error

• Message class: FX - Distributed FI Application Messages

• Message number: 029

• Message text: Clearing accounts are missing for company code &/&

What causes this issue?

No clearing accounts for the cross company-code postings are defined
between company code &V1& and &V2&.

System Response

The new item was not stored.

How to fix this error?

Choose another company code or contact your system administrator if you
want to use this company code anyway.
Procedure for the System Administrator
If you want to create a balance clearing between &V1& and &V2&, you
have to configure them:
<DS:TRAN.OBYA>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

FX029 - Details

• The SAP error message FX029 indicates that clearing accounts are missing for a specific company code in the context of asset accounting. This error typically arises when you attempt to perform transactions related to asset accounting, such as posting an asset acquisition or transfer, and the system cannot find the necessary clearing accounts for the specified company code.
  
  Cause:
  The primary cause of the FX029 error is that the configuration for clearing accounts in the Asset Accounting (FI-AA) module is incomplete or incorrect. Specifically, the system requires that clearing accounts be defined for various asset transactions, and if these accounts are not set up, the error will occur.
  
  Solution:
  To resolve the FX029 error, you need to ensure that the clearing accounts are properly configured for the relevant company code. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG