How To Fix FY085 - No clearing account could be determined for the account &1/&2

SAP Error Message - Details

• Message type: E = Error

• Message class: FY - Payment Cards

• Message number: 085

• Message text: No clearing account could be determined for the account &1/&2

What causes this issue?

You use bank reconciliation accounts for the payment service provider
accounts. Determining the clearing account using the account symbol for
the clearing of digital payments was not successful.

System Response

The transaction cannot be settled.

How to fix this error?

Check whether the account symbol 'DPSETTLEMENT' is created in the
configuration ('Financial Accounting' - 'Bank Accounting' - 'Business
Transactions' - 'Payment Transactions' - 'Electronic Bank Statement' -
'Basic Setting' - 'Create Account Symbols') and the account allocation
is defined ('Assign Accounts to Account Symbol'). Please note that a
10-digit number (such as '++++++++70') must be entered for the account
allocation.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FY085 - No clearing account could be determined for the account &1/&2 ?

  The SAP error message FY085 "No clearing account could be determined for the account &1/&2" typically occurs in the context of financial transactions, particularly when dealing with clearing accounts in the SAP system. This error indicates that the system is unable to find a suitable clearing account for the specified account (where &1 is the account number and &2 is the company code).
  Causes:
  
  Missing Clearing Account Configuration: The clearing account may not be defined in the system for the specified account and company code.
  Incorrect Account Assignment: The account being used may not be set up correctly in the configuration, or it may not be intended for clearing purposes.
  Account Type Issues: The account type may not be compatible with the transaction being processed.
  Missing Master Data: The necessary master data for the account may not be maintained, leading to the inability to determine a clearing account.
  Transaction Type Issues: The transaction type being used may not have a corresponding clearing account defined.
  
  Solutions:
  
  
  Check Clearing Account Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare G/L Account Creation.
  Ensure that the clearing account is defined for the relevant account and company code.
  
  
  
  Review Account Settings:
  
  Use Transaction Code: FS00 to check the settings of the account in question.
  Ensure that the account is set up correctly and that it is marked as a clearing account if necessary.
  
  
  
  Maintain Master Data:
  
  Ensure that all necessary master data for the account is maintained correctly.
  Check if the account is assigned to the correct account group and has the necessary attributes.
  
  
  
  Check Transaction Type:
  
  Review the transaction type being used and ensure that it has a corresponding clearing account defined in the configuration.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details on clearing accounts and their configuration.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  FS00: G/L Account Master Record
  SPRO: Customizing Implementation Guide
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that the user has the necessary permissions to access and modify the account settings.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary solutions to resolve it.