How To Fix ICC_TR505 - No account determination maintained for G/L account &v1

ICC_TR505 - Overview

• Message type: E = Error

• Message class: ICC_TR - Turkey

• Message number: 505

• Message text: No account determination maintained for G/L account &v1

What causes this issue?

You have not maintained the account determination data in general
ledger account &v1& in chart of accounts &v2&.

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?

Maintain the data in Customizing for <LS>Inflation.</>

Error message extract from SAP system. Copyright SAP SE.

ICC_TR505 - Details

• The SAP error message ICC_TR505 indicates that there is no account determination maintained for a specific General Ledger (G/L) account in the context of a transaction. This typically occurs in the context of financial transactions, particularly in the area of Treasury and Risk Management, where specific accounts need to be defined for various transaction types.
  
  Cause:
  The error arises when the system attempts to post a transaction that requires a specific G/L account, but the necessary account determination settings have not been configured. This can happen for several reasons:
  
  The G/L account in question has not been assigned to the relevant account determination procedure.
  The account determination procedure itself is not properly configured or is missing.
  The transaction type being processed does not have a corresponding account mapping for the G/L account.
  
  
  Solution:
  To resolve the ICC_TR505 error, you can follow these steps:
  
  
  Check Account Determination Configuration:
  
  Go to the configuration settings for account determination in the relevant module