How To Fix NAA374 - No open creation of value for transaction type &1 (no update)

NAA374 - Overview

• Message type: E = Error

• Message class: NAA - Subsequent settlement (Purchasing)

• Message number: 374

• Message text: No open creation of value for transaction type &1 (no update)

What causes this issue?

Creation of value still outstanding for document &V2&, fiscal year &V3&
, item &V4& of transaction type &V1&.
However, this mechanism is only defined for material documents
(transaction type 1).
Calling function module 'MM'ARRANG_MCKONA_FILL' to execute the update
is therefore not allowed.

System Response

Update data is not created.

How to fix this error?

Please contact your system administrator as there is an internal prgram
error.

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.

NAA374 - Details

• The SAP error message NAA374 indicates that there is no open creation of value for the specified transaction type, which means that the system cannot process the transaction because it lacks the necessary data or configuration to do so. This error typically occurs in the context of Asset Accounting (FI-AA) or similar financial transactions.
  
  Cause:
  
  Missing Configuration: The transaction type specified in the error message may not be properly configured in the system. This could include missing settings for the relevant asset classes or transaction types.
  No Open Period: The posting period for the transaction type may be closed, preventing any new entries from being created.
  Transaction Type Not Allowed: The transaction type may not be allowed for the specific asset or in the current context.
  Authorization Issues: The user may not have the necessary authorizations to perform the transaction.
  Data Inconsistencies: There may be inconsistencies in the master data or transaction data that prevent the