How To Fix FZ312 - Posting for account type & should be carried out with posting key &

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 312

• Message text: Posting for account type & should be carried out with posting key &

What causes this issue?

Posting key &V2& is not defined for account type &V1&.

System Response

The payment document cannot be created.

How to fix this error?

<ZH>Procedure for the system administrator</>
Check the specified posting key for bill of exchange postings
<DS:TRAN.FBKP>Proceed</>, for the clearing entries
<DS:TRAN.OBXH>Proceed</> and for other automatic postings such as cash
discount, taxes and exchange rate differences <DS:TRAN.FBKP>Proceed</>
and correct any incorrect entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ312 - Posting for account type & should be carried out with posting key & ?

  The SAP error message FZ312 indicates that a posting for a specific account type cannot be carried out with the specified posting key. This error typically arises in the context of financial accounting when there is a mismatch between the account type and the posting key being used.
  Cause:
  
  Account Type Mismatch: The account type (e.g., asset, liability, equity, revenue, expense) does not correspond to the posting key being used. Each posting key is designed to work with specific account types.
  Configuration Issues: The configuration in the SAP system may not allow the combination of the specified account type and posting key.
  Posting Key Restrictions: Certain posting keys are restricted to specific types of accounts, and using them with incompatible account types will trigger this error.
  
  Solution:
  
  Check Posting Key: Verify that the posting key you are using is appropriate for the account type you are trying to post to. You can refer to the SAP documentation or configuration settings to understand which posting keys are valid for which account types.
  Change Posting Key: If the posting key is incorrect, change it to one that is compatible with the account type you are working with.
  Review Account Configuration: Check the configuration of the account in question to ensure it is set up correctly and that there are no restrictions preventing the posting.
  Consult with SAP Administrator: If you are unsure about the correct posting key or account type, consult with your SAP administrator or a financial consultant who is familiar with your organization's SAP configuration.
  
  Related Information:
  
  Posting Keys: Posting keys in SAP define the type of transaction (debit or credit) and the type of account (customer, vendor, general ledger, etc.) that can be posted to. Each posting key has specific rules associated with it.
  Account Types: In SAP, account types are categorized into various groups such as:
  
  A: Asset
  L: Liability
  E: Expense
  R: Revenue
  D: Customer
  K: Vendor
  
  
  Transaction Codes: You can use transaction codes like OB52 to check the posting periods and FS00 to view account master data.
  
  By ensuring that the posting key and account type are compatible, you should be able to resolve the FZ312 error and successfully complete your posting.