How To Fix O1849 - Netting statement type & is not defined.

O1849 - Overview

• Message type: E = Error

• Message class: O1 - IS-Oil : Message pool exchanges

• Message number: 849

• Message text: Netting statement type & is not defined.

What causes this issue?

The netting statement type &v1& is not defined.

System Response

If the netting statement type is not defined, it will no be possible to
print a netting statement.

How to fix this error?

If you want to print a netting statement, define the netting statement
type &v1& with SM30 in V_TVFK.
If you don't want to print a netting statement ignore this message.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message O1849 - Netting statement type & is not defined. ?

  The SAP error message O1849, which states "Netting statement type & is not defined," typically occurs in the context of financial transactions involving netting processes. This error indicates that the system is unable to find a definition for the specified netting statement type, which is necessary for processing netting transactions.
  
  Cause:
  
  Missing Configuration: The netting statement type has not been defined in the system. This could be due to a lack of setup in the configuration settings for netting processes.
  Incorrect Statement Type: The statement type being referenced may be incorrect or misspelled in the transaction or configuration.
  Transport Issues: If the configuration was recently transported from another system, it may not have been properly imported or activated.
  
  
  Solution:
  
  
  Define the Netting Statement Type:
  
  Go to the SAP Customizing Implementation Guide (IMG).
  Navigate to the relevant section for netting configuration. This is usually found under Financial Accounting (FI) > Accounts Receivable and Accounts Payable > Netting > Define