How To Fix G5783 - For company code & no settlement account found

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 783

• Message text: For company code & no settlement account found

What causes this issue?

The cutback correction needs a settlement account to be used for
difference postings. This account is not defined in the farm in/out or
re-determination process.

System Response

The program can not be executed

How to fix this error?

Please define the necessary account

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 G5783 - For company code & no settlement account found ?

  The SAP error message G5783 indicates that there is no settlement account found for a specific company code in the context of a settlement process. This error typically arises when you are trying to settle costs or revenues in a project or internal order, and the system cannot find the appropriate account to post the settlement to.
  Cause:
  
  Missing Settlement Account: The most common cause is that the settlement account has not been defined for the specified company code in the configuration settings.
  Incorrect Configuration: The configuration for the settlement profile or the assignment of the settlement account to the relevant cost object (like internal orders or projects) may be incorrect or incomplete.
  Company Code Not Set Up: The company code may not be properly set up in the system, or it may not have the necessary settings for settlement accounts.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to view or access the settlement accounts.
  
  Solution:
  
  
  Define Settlement Accounts:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > General Ledger > Master Data > G/L Account > Prepare G/L Account Creation).
  Ensure that the settlement accounts are defined for the relevant company code.
  Check the settings for the specific cost object (internal order, project, etc.) to ensure that the correct settlement accounts are assigned.
  
  
  
  Check Settlement Profile:
  
  Use transaction code KOH1 to check the settlement profile assigned to the internal order or project.
  Ensure that the settlement accounts are correctly defined in the settlement profile.
  
  
  
  Review Company Code Settings:
  
  Verify that the company code is properly configured and that all necessary settings for financial transactions are in place.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access and modify the settlement accounts.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult the SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  KOB1: Display actual line items for internal orders.
  KOB2: Display actual line items for projects.
  KOH1/KOH2: Manage settlement profiles.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to settlement accounts and error G5783.
  
  
  Testing: After making changes, perform a test settlement to ensure that the error is resolved.
  
  
  By following these steps, you should be able to identify and resolve the issue related to the G5783 error message in SAP.