How To Fix M7054 - G/L account & does not exist in chart of accounts &

SAP Error Message - Details

• Message type: E = Error

• Message class: M7 - Inventory Management and Physical Inventory

• Message number: 054

• Message text: G/L account & does not exist in chart of accounts &

What causes this issue?

The G/L account entered is not included in the
<GL:chart_of_accounts>chart of accounts</> for your company code.

How to fix this error?

INCLUDE MB_NA_SACHKONTO
If you have entered the G/L account yourself, correct the input.
<ZV>Copied from M8043</>

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 M7054 - G/L account & does not exist in chart of accounts & ?

  The SAP error message M7054 indicates that the General Ledger (G/L) account you are trying to use does not exist in the specified chart of accounts. This error typically occurs during transactions that involve financial postings, such as creating a purchase order, posting an invoice, or executing a financial transaction.
  Cause:
  
  Non-Existent G/L Account: The G/L account you are trying to use has not been created in the chart of accounts you are working with.
  Incorrect Chart of Accounts: The transaction may be referencing the wrong chart of accounts, especially if multiple charts are in use.
  Account Deactivation: The G/L account may have been deactivated or marked for deletion.
  Incorrect Company Code: The G/L account may not be assigned to the company code you are working with.
  
  Solution:
  
  
  Check G/L Account: Verify that the G/L account exists in the chart of accounts. You can do this by navigating to the G/L account master data in SAP:
  
  Use transaction code FS00 to check if the account exists.
  Ensure that the account is active and not marked for deletion.
  
  
  
  Verify Chart of Accounts: Ensure that you are using the correct chart of accounts for your company code. You can check this in the company code settings:
  
  Use transaction code OBY6 to view the company code settings and confirm the assigned chart of accounts.
  
  
  
  Create or Activate G/L Account: If the G/L account does not exist, you may need to create it:
  
  Use transaction code FS00 to create a new G/L account.
  Ensure that you assign it to the correct chart of accounts and company code.
  
  
  
  Check Company Code Assignment: Make sure that the G/L account is assigned to the correct company code. You can check this in the G/L account master data.
  
  
  Consult with Finance Team: If you are unsure about creating or modifying G/L accounts, consult with your finance or accounting team to ensure compliance with accounting policies.
  
  
  Related Information:
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account Master Data
  OBY6: Company Code Global Data
  OB13: Define Chart of Accounts
  
  
  Documentation: Refer to SAP Help documentation for detailed information on managing G/L accounts and charts of accounts.
  User Roles: Ensure that you have the necessary authorizations to view or modify G/L accounts.
  
  By following these steps, you should be able to resolve the M7054 error and successfully proceed with your transaction.