How To Fix ICC-KR714 - Negative postings are currently not permitted for company code &

ICC-KR714 - Overview

• Message type: E = Error

• Message class: ICC-KR - Localization (South Korea)

• Message number: 714

• Message text: Negative postings are currently not permitted for company code &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message ICC-KR714 - Negative postings are currently not permitted for company code & ?

  The SAP error message ICC-KR714 indicates that negative postings are not allowed for a specific company code in the system. This error typically arises when a user attempts to post a transaction that would result in a negative balance for an account that is configured to disallow such postings.
  
  Cause:
  
  Configuration Settings: The company code may be configured to prevent negative postings. This is often a setting in the financial accounting module (FI) that restricts certain accounts from having negative balances.
  Account Type: The account type being used in the transaction may not allow negative postings. For example, certain asset or expense accounts may be set up to prevent negative balances.
  Posting Period: The posting period may be closed, and the system does not allow adjustments that would lead to negative balances in that period.
  
  
  Solution:
  
  
  Check Configuration: 
  
  Go to the configuration settings for the company code in the SAP system. You can check the settings