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Message type: E = Error
Message class: MQ - Messages for Euro Changeover Package
Message number: 791
Message text: Retained earnings are not defined in selected item table
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MQ791
- Retained earnings are not defined in selected item table ?The SAP error message MQ791, which states "Retained earnings are not defined in selected item table," typically occurs in the context of financial accounting and reporting, particularly when dealing with the configuration of retained earnings accounts in the system.
Cause:
This error usually arises due to one of the following reasons:
- Missing Configuration: The retained earnings account has not been defined in the relevant item table for the company code or the specific financial statement version you are working with.
- Incorrect Settings: The settings for the retained earnings account may be incorrectly configured or not aligned with the financial statement version being used.
- Data Inconsistency: There may be inconsistencies in the master data or configuration settings that prevent the system from recognizing the retained earnings account.
Solution:
To resolve the MQ791 error, you can follow these steps:
Check Configuration:
- Go to the SAP Customizing Implementation Guide (IMG) and navigate to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Preparation > Define Retained Earnings Account.
- Ensure that the retained earnings account is defined for the relevant company code and that it is correctly assigned to the appropriate item table.
Verify Financial Statement Version:
- Check the financial statement version you are using and ensure that the retained earnings account is included in the version. You can find this under Financial Accounting (New) > General Ledger Accounting (New) > Reports > Financial Statements > Define Financial Statement Versions.
Review G/L Account Master Data:
- Ensure that the G/L account designated as the retained earnings account is correctly set up in the master data. You can check this by navigating to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Display.
Run Year-End Closing:
- If you are in the process of running a year-end closing, ensure that all necessary configurations and postings have been completed before executing the closing process.
Consult Documentation:
- Review SAP documentation or consult with your SAP support team for any specific configurations or requirements related to your version of SAP.
Related Information:
OB53
(to define retained earnings accounts) and OB58
(to define financial statement versions).If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financial Accounting for further assistance.
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