How To Fix WS507 - Material offset account key not maintained for settlement doc type &1

WS507 - Overview

• Message type: E = Error

• Message class: WS - Supplier Billing Document

• Message number: 507

• Message text: Material offset account key not maintained for settlement doc type &1

What causes this issue?

Inconsistent Customizing settings for settlement document type &V1&.

System Response

INCLUDE ISR_VERARBEITUNG OBJECT DOKU ID TX

How to fix this error?

Depending on the setting of the source of the account key in the
settlement document type, you have to maintain the account key:
From Settlement Document Type: In Customizing for
<DS:SIMG.W_WLFA_0004>Settlement Document Types</> enter an account key
for the offset account material adjustment for settlement document type
&V1&.
From Pricing Procedure: Maintain the account key as account key for
accruals in the relevant condition types of the pricing procedure.

Error message extract from SAP system. Copyright SAP SE.

WS507 - Details

• Certainly! Here's a detailed explanation for the SAP error message:
  
  SAP Error Message:
  WS507 - Material offset account key not maintained for settlement doc type &1
  
  
  Cause:
  This error occurs during the settlement process (e.g., settlement of production orders, process orders, or other cost objects) when the system tries to post accounting entries but cannot find the Material Offset Account Key assigned for the settlement document type in the configuration.
  
  The Material Offset Account Key is used to determine the G/L accounts for the offsetting entries related to material postings during settlement.
  If this key is not maintained for the settlement document type, the system does not know which account to post the offsetting material costs to, hence the error.
  
  
  When does it occur?
  
  During settlement of orders or WBS elements when the system tries to post material consumption or production variances.
  Specifically, when the settlement document type is used but the corresponding material offset account key is missing