How To Fix GLE_MCA074 - Reconciliation type empty for co. code &1 and account &2

SAP Error Message - Details

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 074

• Message text: Reconciliation type empty for co. code &1 and account &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GLE_MCA074 - Reconciliation type empty for co. code &1 and account &2 ?

  The SAP error message GLE_MCA074 indicates that there is an issue with the reconciliation type for a specific company code and account. This error typically arises in the context of financial accounting and controlling, particularly when dealing with reconciliation accounts in SAP.
  Cause:
  The error message "Reconciliation type empty for co. code &1 and account &2" suggests that the system is unable to find a reconciliation type for the specified company code and account. This can occur due to several reasons:
  
  Missing Configuration: The reconciliation type may not have been defined in the system for the specified account and company code.
  Incorrect Account Assignment: The account in question may not be set up correctly as a reconciliation account.
  Data Entry Error: There may be a typo or incorrect entry in the account or company code that is being referenced.
  Master Data Issues: The master data for the account may be incomplete or incorrectly configured.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the account master data (transaction code FS00).
  Verify that the account in question is set up correctly as a reconciliation account.
  Ensure that the reconciliation type is specified for the account.
  
  
  
  Define Reconciliation Type:
  
  If the reconciliation type is missing, you can define it in the configuration settings.
  Navigate to the configuration path: Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L Accounts -> Prepare G/L Account Creation -> Define G/L Account.
  Ensure that the reconciliation type is assigned to the relevant account.
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code is correctly set up and that it is active.
  Verify that the account is assigned to the correct company code.
  
  
  
  Review Related Master Data:
  
  Check if there are any issues with related master data that might affect the reconciliation type.
  Ensure that all necessary fields are filled out correctly.
  
  
  
  Consult Documentation:
  
  If you are unsure about the reconciliation types and their configurations, refer to SAP documentation or consult with your SAP functional consultant.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Reconciliation Accounts: These are special G/L accounts that are used to aggregate the balances of sub-ledgers (like accounts receivable and accounts payable) in the general ledger.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (G/L Account Master Record), OBY6 (Define Company Code), and OBD2 (Define Reconciliation Accounts).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  If the problem persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant for further assistance.