Message type: E = Error
Message class: GLE_MCA - Multicurrency Accounting
Message number: 603
Message text: Equivalent account undefined; currency &1, position type &2, co. code &3
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GLE_MCA603
- Equivalent account undefined; currency &1, position type &2, co. code &3 ?The SAP error message GLE_MCA603 indicates that there is an issue with the configuration of the equivalent account in the system. This error typically arises when the system cannot find a defined equivalent account for a specific currency, position type, and company code combination during a financial transaction or posting.
Cause: Missing Configuration: The equivalent account for the specified currency, position type, and company code has not been defined in the system. Incorrect Settings: There may be incorrect settings in the configuration of the financial accounting module, particularly in the area of currency translation or account determination. Data Entry Error: The transaction being processed may have incorrect or incomplete data that does not match any existing configuration.
Solution: Define Equivalent Account: Go to the configuration settings in SAP (Transaction Code: SPRO). Navigate to the relevant section for defining equivalent accounts. This is usually found under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts
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