How To Fix MQ782 - Reconciliation of transaction type for account &1 not possible

MQ782 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 782

• Message text: Reconciliation of transaction type for account &1 not possible

What causes this issue?

Account &V1& cannot be reconciled at transaction type level since
alternative transaction types are assigned to the account.
Only opening balance and accumulated depreciation are allowed as the
transaction type.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Reconcile the transaction type manually as far as necessary.

Error message extract from SAP system. Copyright SAP SE.

MQ782 - Details

• The SAP error message MQ782 indicates that there is an issue with the reconciliation of a transaction type for a specific account. This error typically arises in the context of financial accounting and can occur during processes such as month-end closing, reconciliation, or when trying to post transactions.
  
  Cause:
  The error message MQ782 can be caused by several factors, including:
  
  
  Transaction Type Configuration: The transaction type used for the account may not be properly configured for reconciliation. This could be due to missing settings or incorrect assignment of transaction types to the account.
  
  
  Account Type: The account in question may not be set up to allow reconciliation for the specific transaction type being used.
  
  
  Posting Period Issues: The posting period may be closed, or there may be restrictions on posting to the account for the specified transaction type.
  
  
  Data Inconsistencies: There may be inconsistencies in the data related to the account or transaction type, such as