How To Fix FZ314 - G/L account & does not exist in company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: FZ - Payment Transactions

• Message number: 314

• Message text: G/L account & does not exist in company code &

What causes this issue?

Postings are to be made to a G/L account that was not created in the
company code or was deleted again.

System Response

The payment document is not created.

How to fix this error?

<ZH>Procedure for the system administrator</>
If the account number is correct, create the missing account
<DS:TRAN.FS01>Proceed</>. If an incorrect account number was defined
for the automatic posting, correct the allocation of the account number
for the bank posting <DS:TRAN.FBZP>Proceed</> or for other postings
such as cash discount, taxes, exchange rate differences
<DS:TRAN.FBKP>Proceed</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FZ314 - G/L account & does not exist in company code & ?

  The SAP error message FZ314 indicates that a General Ledger (G/L) account does not exist in the specified company code. This error typically occurs when you attempt to post a transaction that references a G/L account that has not been defined for the company code you are working with.
  Cause:
  
  Missing G/L Account: The G/L account you are trying to use has not been created in the specified company code.
  Incorrect Company Code: The transaction may be referencing the wrong company code.
  Account Group Restrictions: The G/L account may be restricted by account group settings, preventing it from being used in the specified company code.
  Data Migration Issues: If data was migrated from another system, there may have been issues in transferring the G/L account data correctly.
  
  Solution:
  
  
  Check G/L Account Creation:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check if the G/L account exists for the specified company code.
  If it does not exist, you will need to create it. Ensure that you enter the correct company code and fill in all required fields.
  
  
  
  Verify Company Code:
  
  Ensure that you are using the correct company code in your transaction. You can check the company code in the transaction you are trying to execute.
  
  
  
  Review Account Group Settings:
  
  Check the account group settings to ensure that the G/L account is allowed for the company code. You can do this by going to OBD4 (Define Account Groups) and reviewing the settings.
  
  
  
  Consult with Your SAP Administrator:
  
  If you do not have the necessary permissions to create or modify G/L accounts, consult with your SAP administrator or finance team to resolve the issue.
  
  
  
  Check for Data Migration Issues:
  
  If this issue arose after a data migration, verify that all necessary G/L accounts were migrated correctly. You may need to re-import or create missing accounts.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account Master Record
  OBD4: Define Account Groups
  FBL3N: Display G/L Account Line Items (to check postings)
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to G/L account management.
  
  
  Documentation: Refer to SAP documentation for detailed steps on creating G/L accounts and managing company codes.
  
  
  By following these steps, you should be able to resolve the FZ314 error and successfully post your transactions.