1661962 - Unable to Post Credit Memo Created for the Reversed Fixed Asset

SAP Knowledge Base Article - Public

1661962 - Unable to Post Credit Memo Created for the Reversed Fixed Asset

Symptom

You are unable to post the Credit Memo due to error message: Posting of invoice not possible due to error in financial accounting; Cannot find account determination group for product category EFG.

Reproducing the Issue

  1. Go to the Supplier Invoicing work center.
  2. Select New Credit Memo without Purchase Order under Common Tasks.
  3. Fill in all the details and select Post button.
  4. System displays error message.

Cause

Credit Memo is created for the (cancelled) Reversed Low Value Fixed Asset created with acquisition cost of ABC euro but with amount less than ABC euro.

So the credit memo will not be posted into fixed asset account but it will be posted as a normal Purchase order.

Resolution

  1. Go to the Business Configuration work center.
  2. Select Implementation Projects view.
  3. Select your project and select Open Activity List.
  4. Select  Default Account Determination Group for Product Categories fine tuning activity.
  5. Fill in the fields Product category as EFG, Product Category Description and Default Account Determination Group For Materials.
  6. Select Save and Close button.

Keywords

KBA , AP-PRP , Purchase Request Processing , How To

Product

SAP BUSINESS BYDESIGN 1611 ; SAP BUSINESS BYDESIGN 1705 ; SAP BUSINESS BYDESIGN 1708 ; SAP Business ByDesign 1608 ; SAP Business ByDesign 1702 ; SAP Business ByDesign 1711 ; SAP Business ByDesign feature pack 4.0