How To Fix MQ893 - For cash journal account & & do not set "balances only in LC"

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 893

• Message text: For cash journal account & & do not set "balances only in LC"

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message MQ893 - For cash journal account & & do not set "balances only in LC" ?

  The SAP error message MQ893 typically relates to issues with cash journal accounts, particularly when it comes to currency settings. The message indicates that the cash journal account is not configured correctly for the specified settings, particularly regarding the "balances only in local currency" option.
  Cause:
  The error message MQ893 is triggered when:
  
  The cash journal account is set up in a way that conflicts with the currency settings.
  The system is trying to process transactions that require balances to be maintained in a currency other than the local currency, but the account is configured to only allow balances in local currency.
  There may be inconsistencies in the configuration of the cash journal or the account settings in the financial module.
  
  Solution:
  To resolve the MQ893 error, you can take the following steps:
  
  
  Check Cash Journal Configuration:
  
  Go to the cash journal configuration settings in SAP.
  Ensure that the cash journal account is set up correctly and that it allows for the required currency transactions.
  
  
  
  Review Account Settings:
  
  Navigate to the account settings for the cash journal account in the Financial Accounting (FI) module.
  Check if the "balances only in local currency" option is set. If it is, and you need to process transactions in other currencies, consider changing this setting.
  
  
  
  Adjust Currency Settings:
  
  If the cash journal needs to handle multiple currencies, ensure that the account is configured to allow for this.
  You may need to consult with your financial team to determine the appropriate settings based on your organization's requirements.
  
  
  
  Test Transactions:
  
  After making the necessary changes, test the transactions again to ensure that the error does not reoccur.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed guidance on cash journal account settings and currency handling.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific configuration and requirements.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for cash journal configuration) or FS00 (for account settings) to access the relevant settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on cash journal configurations.
  User Roles: Ensure that you have the necessary permissions to make changes to cash journal settings and account configurations.
  
  By following these steps, you should be able to resolve the MQ893 error and ensure that your cash journal account is set up correctly for your organization's needs.