How To Fix GJ760 - JV Suspense Account Does not Exist for Key & in Company &

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 760

• Message text: JV Suspense Account Does not Exist for Key & in Company &

What causes this issue?

Cutback tries to post to an account that must be defined via the
automatic posting assignment for key &V1&.
This assignment does not exist.

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?

<DS:TRAN.GJ83>Assign</> an account to the key &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GJ760 - JV Suspense Account Does not Exist for Key & in Company & ?

  The SAP error message GJ760 indicates that there is an issue with the Joint Venture (JV) accounting process, specifically that a suspense account does not exist for the specified key in the specified company code. This error typically arises during the posting of joint venture transactions when the system cannot find the necessary suspense account configuration.
  Cause:
  
  Missing Configuration: The suspense account for the specified joint venture key and company code has not been defined in the system.
  Incorrect Key: The key used in the transaction may be incorrect or not properly set up in the system.
  Company Code Issues: The company code specified may not be correctly configured for joint venture accounting.
  Authorization Issues: There may be authorization issues preventing access to the necessary configuration.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Joint Venture Accounting in SAP.
  Ensure that the suspense account is defined for the specific joint venture key and company code.
  You can check this in the following path: 
  
  SPRO ? Enterprise Structure ? Definition ? Financial Accounting ? Define Joint Venture Accounts.
  
  
  Make sure that the suspense account is correctly assigned.
  
  
  
  Verify Key and Company Code:
  
  Double-check the joint venture key and company code being used in the transaction.
  Ensure that they are correctly entered and correspond to the existing configurations.
  
  
  
  Create Missing Accounts:
  
  If the suspense account does not exist, you may need to create it. This can typically be done through the transaction code OBD4 (for defining G/L accounts) or through the relevant configuration menu.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and modify joint venture accounting settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on setting up joint venture accounts and resolving related errors.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBD4 (for G/L account configuration), SPRO (for configuration), and CJ20N (for project management).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after checking the above, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the GJ760 error and ensure that your joint venture accounting processes function correctly.