How To Fix K5116 - Extended account assignment: Invalid settlement account &4.

SAP Error Message - Details

• Message type: E = Error

• Message class: K5 - CO Reconciliation Ledger

• Message number: 116

• Message text: Extended account assignment: Invalid settlement account &4.

What causes this issue?

Account determination call up revealed a valid adjustment account &V3&.
Enhanced account determination found an invalid adjustment account, &V4&
, for cost element &V1& in controlling area &V2&.

System Response

No adjustment account could be determined for cost element &V1& in
company code &V2&.

How to fix this error?

The following options are available:
Change the enhanced account determination.
In the Implementation Guide (IMG) for cost element accounting, choose
the activity 'Define Adjustment Accounts for Reconciliation Posting'.
In the dialog box choose 'Define Accounts for Automatic Postings'.
In adjustment account maintenance choose Edit -> Substitution -> Change.
Create the missing adjustment account in company code &V2&.
To do this, in the Implementation Guide (IMG) for cost element
accounting, choose 'Define Adjustment Accounts for Reconciliation
Posting'.
In the dialog box choose 'Create adjustment account'.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

You can find additional information on changing the enhanced account
assignment in the Implementation Guide for Cost Element Accounting under
<DS:SIMG.SIMG_CFMENUORK2OBYB>Define Adjustment Accounts for
Reconciliation Posting</>.
For additional information on creating adjustment accounts, see the SAP
library under <LS>Controlling -> Cost and Revenue Element Accounting ->
Functions in Cost and Revenue Element Accounting -> Special Functions ->
Reconciliation Postings -> Defining Adjustment Accounts</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K5116 - Extended account assignment: Invalid settlement account &4. ?

  The SAP error message K5116, "Extended account assignment: Invalid settlement account &4," typically occurs in the context of controlling (CO) when trying to settle costs from a cost object (like an internal order or a project) to a settlement account that is not valid or not properly configured.
  
  Cause:
  
  Invalid Settlement Account: The settlement account specified in the configuration is either not defined in the system or is not valid for the type of transaction being processed.
  Account Assignment Issues: The account assignment for the cost object may not be correctly set up, leading to the system being unable to find a valid account for settlement.
  Missing Configuration: The necessary configuration for the settlement process may not be completed, such as missing settings in the controlling area or the account assignment category.
  Authorization Issues: The user may not have the necessary authorizations to access the specified settlement account.
  
  
  Solution:
  
  Check Settlement Account: Verify that the settlement account