How To Fix GJ029 - Equity Group & Assigned to Service Agreement &. Suspense not possible.

GJ029 - Overview

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 029

• Message text: Equity Group & Assigned to Service Agreement &. Suspense not possible.

What causes this issue?

Equity group &V1& has been assigned to venture &V2&. Venture &V2& is a
service agreement (venture type '4'). It is not possible to suspense
an equity group, or partners, on a service agreement.

System Response

The system will not allow you to suspense this equity group or any
partners on this equity group.

How to fix this error?

1. Ensure that you are suspending the correct equity group or
partner, or
2. Ensure that this equity group is supposed to be assigned to
venture &V2&, or
3. Create a new equity group which can be suspensed.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GJ029 - Equity Group & Assigned to Service Agreement &. Suspense not possible. ?

  The SAP error message GJ029 typically indicates an issue related to the equity group and service agreement in the context of financial transactions, particularly in the area of joint venture accounting or asset management. The message suggests that a suspense account cannot be used for the specified equity group and service agreement combination.
  
  Cause:
  
  Equity Group Configuration: The equity group may not be properly configured to allow for suspense postings. This could be due to settings in the joint venture accounting configuration.
  Service Agreement Issues: The service agreement associated with the equity group may not be set up correctly or may not allow for suspense postings.
  Posting Rules: There may be specific posting rules or restrictions in place that prevent the use of suspense accounts for certain equity groups or service agreements.
  Transaction Type: The type of transaction being processed may not be compatible with the use of suspense accounts.
  
  
  Solution:
  
  Check Configuration: Review the configuration settings