How To Fix MQ507 - Posting key & is not defined for debit items

MQ507 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 507

• Message text: Posting key & is not defined for debit items

What causes this issue?

Line items are generated for the individual adjustments with the local
currency changeover. G/L account posting keys are needed for these
adjustment items. There must be a debit and credit posting key in each
case. Posting key &V1& is not defined for a debit item.

System Response

The data cannot be saved.

How to fix this error?

Check your entry. Enter a posting key for debit items for G/L accounts.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ507 - Posting key & is not defined for debit items ?

  The SAP error message "MQ507 Posting key & is not defined for debit items" typically occurs when you are trying to post a financial transaction using a posting key that is not configured to handle debit items in the SAP system. Posting keys in SAP are used to determine the type of transaction being posted (e.g., debit or credit) and the account types involved.
  
  Cause:
  
  Incorrect Posting Key: The posting key you are using is not set up to allow debit postings. Each posting key has specific configurations that define whether it can be used for debit or credit transactions.
  
  Configuration Issues: The posting key may not be defined in the system for the specific account type you are trying to post to.
  Transaction Type: The transaction you are trying to perform may not be compatible with the posting key you are using.
  
  
  Solution:
  
  
  Check Posting Key Configuration:
  
  Go to the SAP transaction code OB14 (for posting