How To Fix GU307 - Only enter 'fixed' general ledgers

SAP Error Message - Details

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 307

• Message text: Only enter 'fixed' general ledgers

What causes this issue?

You attempted to enter a customer-defined ledger as the base ledger for
the clearing.
However, you can only use a standard ledger as the base ledger (ledger
00 or its currency ledger) for clearing.

System Response

The clearing cannot be carried out.

How to fix this error?

Check to see if you have entered the proper ledgers. Enter ledger 00 as
the base ledger, or enter a currency ledger for ledger 00.

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 GU307 - Only enter 'fixed' general ledgers ?

  The SAP error message GU307 ("Only enter 'fixed' general ledgers") typically occurs when you are trying to post a transaction to a general ledger (G/L) account that is not classified as a "fixed" G/L account in the system. This error is often encountered in the context of financial postings, particularly in asset accounting or when dealing with fixed assets.
  Cause:
  
  Account Type: The G/L account you are trying to use is not set up as a fixed asset account. In SAP, fixed asset accounts are usually designated with specific account types that allow for asset-related transactions.
  Configuration Issues: The configuration of the G/L account in the chart of accounts may not be set correctly to allow for fixed asset postings.
  Transaction Type: The transaction you are attempting to perform may require a specific type of G/L account that is not being met by the account you selected.
  
  Solution:
  
  
  Check G/L Account Configuration:
  
  Go to the G/L account master data (transaction code FS00).
  Verify that the account you are trying to use is set up as a fixed asset account. Check the account type and ensure it is marked appropriately for fixed asset transactions.
  
  
  
  Use the Correct G/L Account:
  
  If the account is not a fixed asset account, you will need to select a different G/L account that is designated for fixed asset transactions.
  
  
  
  Consult with Your SAP Administrator:
  
  If you are unsure about the configuration or which account to use, consult with your SAP financial administrator or the person responsible for maintaining the chart of accounts in your organization.
  
  
  
  Review Transaction Type:
  
  Ensure that the transaction type you are using is appropriate for the type of G/L account you are trying to post to. Some transactions may have specific requirements regarding the accounts that can be used.
  
  
  
  Related Information:
  
  SAP Documentation: Refer to SAP Help documentation for detailed information on G/L account types and fixed asset accounting.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FS00: G/L Account Master Data
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  
  
  User Roles and Authorizations: Ensure that you have the necessary permissions to post to the G/L accounts in question.
  
  By following these steps, you should be able to resolve the GU307 error and successfully post your transactions.