How To Fix G5771 - Account & is not open for direct posting

SAP Error Message - Details

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 771

• Message text: Account & is not open for direct posting

What causes this issue?

Account <(>&<)>V1& is either blocked for posting, marked for
deletion or can only be used for automatic postings

System Response

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G5771 - Account & is not open for direct posting ?

  The SAP error message G5771, which states "Account & is not open for direct posting," typically occurs when you attempt to post a transaction to a general ledger (G/L) account that is not configured to allow direct postings. This can happen for various reasons, including account settings, posting periods, or company code configurations.
  Causes:
  
  Account Configuration: The G/L account may be set up in such a way that it does not allow direct postings. This can be due to the account type or settings in the chart of accounts.
  Posting Periods: The posting period may be closed, preventing any new transactions from being posted to that account.
  Company Code Settings: The company code may have specific settings that restrict postings to certain accounts.
  Account Type: Certain account types (like asset accounts) may have restrictions on direct postings depending on the configuration.
  
  Solutions:
  
  
  Check Account Configuration:
  
  Go to the G/L account master data (transaction code FS00).
  Verify the settings for the account in question. Ensure that the "Open for Direct Posting" option is enabled.
  
  
  
  Review Posting Periods:
  
  Check the posting period settings (transaction code OB52).
  Ensure that the current posting period is open for the relevant company code.
  
  
  
  Adjust Company Code Settings:
  
  Review the company code settings to ensure there are no restrictions on the account.
  Check if there are any specific configurations that prevent postings to that account.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the account settings or the implications of changing them, consult with your finance or accounting team to ensure compliance with accounting policies.
  
  
  
  Use Alternative Posting Methods:
  
  If direct posting is not allowed, consider using alternative methods such as journal entries or other transaction types that may be permitted.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  FS00: G/L Account Master Data
  OB52: Change Posting Periods
  
  
  SAP Notes: Check SAP Notes for any specific issues or updates related to this error message.
  Documentation: Review SAP documentation for G/L account management and posting procedures to understand the implications of changing account settings.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary changes to resolve it.