How To Fix MQ896 - Reconcil.acct &1/&2 is managed on an open item basis so cannot be checked

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 896

• Message text: Reconcil.acct &1/&2 is managed on an open item basis so cannot be checked

What causes this issue?

Reconciliation account <(>&<)>V1<(>&<)> in company code <(>&<)>V2
<(>&<)> is configured as an open item account. This is a customizing
error in the G/L account master record and makes it impossible to check
the account for consistency.

System Response

The system cannot check the consistency of the account.

How to fix this error?

Contact your SAP consultant.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ896 - Reconcil.acct &1/&2 is managed on an open item basis so cannot be checked ?

  The SAP error message MQ896 indicates that a reconciliation account is managed on an open item basis, which means that it cannot be checked for certain operations that require it to be managed on a balance basis. This error typically arises in the context of financial transactions, particularly when dealing with accounts that are set up to handle open items, such as customer or vendor accounts.
  Cause:
  
  Open Item Management: The reconciliation account in question is configured to manage open items. This means that transactions are recorded in a way that allows for individual items to be tracked until they are cleared.
  Transaction Type: The operation you are trying to perform may not be compatible with open item management. For example, certain types of postings or checks may require the account to be managed on a balance basis instead.
  Configuration Issues: There may be a configuration issue in the account settings or in the transaction settings that is causing this error.
  
  Solution:
  
  
  Review Account Configuration: Check the configuration of the reconciliation account in the SAP system. Ensure that it is set up correctly for the intended use. If it needs to be managed on a balance basis, consider changing the settings.
  
  Go to the account settings in the Financial Accounting (FI) module and verify the open item management settings.
  
  
  
  Adjust Transaction Type: If the transaction you are trying to perform is not compatible with open item management, consider using a different transaction type that is appropriate for open item accounts.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing reconciliation accounts and open item management.
  
  
  Seek Help from SAP Support: If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for assistance. They may provide insights based on the specific configuration of your system.
  
  
  Related Information:
  
  Open Item Management: This is a method of accounting where each transaction is recorded individually and remains open until it is cleared. This is common for accounts receivable and accounts payable.
  Reconciliation Accounts: These are special general ledger accounts that are used to consolidate the balances of sub-ledgers (like customer or vendor accounts) in financial accounting.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP, such as OBY6 for managing reconciliation accounts or FS00 for general ledger account maintenance.
  
  By understanding the cause of the error and following the suggested solutions, you should be able to address the MQ896 error effectively.