How To Fix MQ506 - No G/L account entered for adjustment category & and chart/accts &

MQ506 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 506

• Message text: No G/L account entered for adjustment category & and chart/accts &

What causes this issue?

G/L accounts which accept any possible rounding differences are needed
for reconciliation in Financial Accounting during the local currency
changeover. The program carries out reconciliation for company codes
where rounding differences can occur for adjustment category &V1&. No
G/L accounts have been entered in Customizing for this adjustment
category in combination with chart of accounts &V2&.

System Response

Program termination.

How to fix this error?

Enahnce the G/L accounts in Customizing for adjustment category &V1&
and chart of accounts &V2&.
Create these G/L accounts in all company codes which are taking part in
the changeover.
Start the program again.

Error message extract from SAP system. Copyright SAP SE.

MQ506 - Details

• The SAP error message MQ506 indicates that there is no General Ledger (G/L) account assigned for a specific adjustment category in the specified chart of accounts. This error typically occurs in the context of materials management, particularly when dealing with inventory adjustments or postings related to materials.
  
  Cause:
  
  Missing G/L Account Assignment: The primary cause of this error is that the adjustment category you are trying to use does not have a corresponding G/L account assigned in the configuration settings.
  Incorrect Configuration: The configuration for the adjustment category may not have been set up correctly in the system.
  Chart of Accounts Issues: The chart of accounts being used may not have the necessary G/L accounts defined for the adjustment categories.
  
  
  Solution:
  To resolve the MQ506 error, you can follow these steps:
  
  
  Check Adjustment Category Configuration:
  
  Go to the configuration settings for the adjustment categories in SAP.
  Navigate to the path: SPRO > Logistics Execution > Inventory Management > Valuation