How To Fix MQ793 - Retained earnings 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: 793

• Message text: Retained earnings are not defined in selected item table

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ793 - Retained earnings are not defined in selected item table ?

  The SAP error message MQ793, 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 requirements of the financial reporting structure.
  Missing Master Data: The necessary master data for the retained earnings account may not be set up in the system.
  
  Solution:
  To resolve the MQ793 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to Financial Accounting (FI) > General Ledger Accounting (New) > Period-End Closing > Retained Earnings > Define Retained Earnings Accounts.
  Ensure that the retained earnings account is defined for the relevant company code and fiscal year.
  
  
  
  Define Retained Earnings Account:
  
  If the account is not defined, you will need to create it. Make sure to specify the correct account type and ensure it is linked to the appropriate financial statement version.
  
  
  
  Review Financial Statement Version:
  
  Check the financial statement version you are using to ensure that it includes the retained earnings account. You can find this under Financial Accounting (FI) > General Ledger Accounting (New) > Period-End Closing > Financial Statement Version.
  
  
  
  Check Master Data:
  
  Verify that the master data for the retained earnings account is correctly set up in the system. This includes checking the account type, account group, and any relevant settings.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test run of the financial closing process to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB53 (for defining retained earnings accounts) and OB58 (for financial statement versions) to access the relevant configuration screens directly.
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring retained earnings and financial statement versions.
  Support: If the issue persists after checking the configuration, consider reaching out to your SAP support team or consulting with an SAP FI expert for further assistance.
  
  By following these steps, you should be able to resolve the MQ793 error and ensure that your retained earnings are properly defined in the system.