How To Fix MQ792 - Retained earnings for inc.stmnt are not defined in selected item table

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 792

• Message text: Retained earnings for inc.stmnt are not defined in selected item table

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message MQ792 - Retained earnings for inc.stmnt are not defined in selected item table ?

  The SAP error message MQ792, which states "Retained earnings for inc. stmt are not defined in selected item table," typically occurs in the context of financial reporting, particularly when dealing with income statements and retained earnings in SAP.
  
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Missing Configuration: The retained earnings account has not been properly configured in the relevant item table for the income statement. This can happen if the account is not defined in the chart of accounts or if the settings for retained earnings are incomplete.
  
  
  Incorrect Account Assignment: The account assignment for retained earnings may not be correctly linked to the income statement items in the financial statement version.
  
  
  Data Inconsistency: There may be inconsistencies in the data or settings between different modules or configurations in SAP.
  
  
  
  Solution:
  To resolve the MQ792 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the financial statement version in