How To Fix RQ394 - For accrual/deferral the bank account must also be specified

RQ394 - Overview

• Message type: E = Error

• Message class: RQ - Messages for Cash Management and Forecast

• Message number: 394

• Message text: For accrual/deferral the bank account must also be specified

What causes this issue?

Accruals/Deferrals were carried out on bank clearing accounts.

System Response

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

How to fix this error?

For an output to take place in RFFVAL00, bank accounts and bank
clearing accounts have to be included in the accrual/deferral and the
planning levels have to be maintained in the master data for all
accounts concerned.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

RQ394 - Details

• The SAP error message RQ394, which states "For accrual/deferral the bank account must also be specified," typically occurs in the context of financial transactions involving accruals and deferrals. This error indicates that when you are trying to post an accrual or deferral entry, the system requires a bank account to be specified, but it has not been provided.
  
  Cause:
  
  Missing Bank Account: The most common cause of this error is that the transaction you are trying to process does not have a bank account specified in the relevant fields.
  
  Configuration Issues: There may be configuration settings in the financial module that require a bank account for certain types of transactions, and these settings may not be correctly set up.
  Transaction Type: The type of transaction you are trying to execute may inherently require a bank account to be specified, especially if it involves cash flow or bank-related postings.
  
  
  Solution:
  
  Specify Bank Account: Ensure that you enter