How To Fix M7049 - Postings can only be made to G/L acct. & in curr. &

SAP Error Message - Details

• Message type: E = Error

• Message class: M7 - Inventory Management and Physical Inventory

• Message number: 049

• Message text: Postings can only be made to G/L acct. & in curr. &

What causes this issue?

The <GL:G/L_account>G/L account</> currency differs from the currency
of the specified <GL:company_code>company code</>.
Therefore, <GL:account_assignment>account assignment</> is not
possible.

How to fix this error?

Check whether you entered
the correct G/L account
the correct company code
<ZV>(Teilweise aus ME043 kopiert)</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M7049 - Postings can only be made to G/L acct. & in curr. & ?

  The SAP error message M7049 indicates that there is an issue with posting to a General Ledger (G/L) account in a specific currency. The message typically arises when you attempt to post a transaction to a G/L account that is not set up to accept postings in the currency you are using.
  Cause:
  
  Currency Mismatch: The G/L account you are trying to post to is not configured to accept postings in the currency of the transaction.
  Account Settings: The G/L account may be set to a specific currency, and the transaction currency does not match this setting.
  Document Type Restrictions: Certain document types may have restrictions on the currencies that can be used for postings.
  
  Solution:
  
  
  Check G/L Account Configuration:
  
  Go to the G/L account in the SAP system (Transaction Code: FS00).
  Verify the currency settings for the account. Ensure that the account is set to allow postings in the currency you are trying to use.
  
  
  
  Change Transaction Currency:
  
  If possible, change the currency of the transaction to match the currency of the G/L account.
  
  
  
  Use a Different G/L Account:
  
  If the G/L account is not meant to accept postings in the desired currency, consider using a different G/L account that is configured for that currency.
  
  
  
  Review Document Type Settings:
  
  Check if the document type you are using has any restrictions on currency postings. You may need to adjust the settings or use a different document type.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct G/L account or currency settings, consult with your finance or accounting team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  FS00: G/L Account Master Data
  FB50: General Ledger Account Document Entry
  OBY6: Define Company Code Global Parameters (to check currency settings)
  
  
  
  SAP Notes: Check SAP Notes for any specific updates or patches related to this error message.
  
  
  Documentation: Review SAP documentation on G/L account settings and currency management for more detailed guidance.
  
  
  By following these steps, you should be able to resolve the M7049 error and successfully post your transaction.