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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ506 - No G/L account entered for adjustment category & and chart/accts & ?

  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 > Assign G/L Accounts to Adjustment Categories.
  Ensure that the adjustment category in question has a valid G/L account assigned.
  
  
  
  Assign G/L Accounts:
  
  If the G/L account is missing, you will need to assign a valid G/L account to the adjustment category.
  Make sure that the G/L account is appropriate for the type of adjustment being made (e.g., inventory write-offs, adjustments, etc.).
  
  
  
  Check Chart of Accounts:
  
  Verify that the chart of accounts being used is correct and that it includes the necessary G/L accounts for the adjustment categories.
  If you are using multiple charts of accounts, ensure that you are referencing the correct one.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about which G/L accounts to assign, consult your financial team or refer to SAP documentation for guidance on the appropriate accounts for your specific business processes.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OBYC (for automatic account determination) to check and configure account assignments.
  User Roles: Ensure that you have the necessary permissions to make changes to the configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  By following these steps, you should be able to resolve the MQ506 error and ensure that your adjustment categories are properly configured with the necessary G/L accounts.