SAP Knowledge Base Article - Public

2068664 - Error Message - Financials Assignment for Material Business Residence not specified

Symptom

You see an unposted customer invoice or supplier invoice document with the following error message

Financials assignment for Material XYZ/Business Residence ABC not specified.

Reproducing the Issue

  1. Go to General Ledger work center.
  2. Choose Source Document sub-view under Closing Cockpit view.
  3. Show Unposted Source Documents and search for LMN( LMN represent your supplier invoice or customer invoice ID)

you see a task with the below error message
Financials assignment for Material XYZ/Business Residence ABC not specified.

Cause

Financials assignment for Material XYZ/Business Residence ABC is not maintained on the posting date DD-MM-YYYY.

So the document was not posted successfully and created a task in the General ledger.

Resolution

To maintain the financials Assignment for Material XYZ for Business Residence ABC, follow the below steps:

  1. In the Product Data work center, choose the Materials view.
  2. Search material XYZ and click Edit.
  3. In the Valuation tab, add one row for Business Residence ABC.
  4. Enter the Account Determination Group.
  5. Enter all mandatory data
  6. Click Save.

To successfully finish the task, follow the instructions below.

  1. Go to General Ledger work center.
  2. Go to Source Documents sub view.
  3. Select the query Unposted Source Documents in Show field.
  4. Select the relevant task created for LMN( LMN represent your supplier invoice or customer invoice ID).
  5. Choose Post Business Transaction from drop down of Actions option.

 

Keywords

KBA , SRD-MD-PRD-PRD , Product , How To

Product

SAP Business ByDesign 1711