1661962 - Posting of Invoice Not Possible due to Error in Financial Accounting; Cannot Find Account Determination Group for Product Category

The Credit Memo cannot be posted because of the error message: Posting of invoice not possible due to error in financial accounting; Cannot find account determination group for product category ABC.

SAP Business ByDesign

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, then the system would display the error message.

A credit memo has been created for the reversed low value fixed asset with an acquisition cost of XYZ euro, but the amount is less than XYZ euro. As a result, the credit memo will not be posted into the fixed asset account, but it will be posted as a normal purchase order.

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 ABC, Product Category Description and Default Account Determination Group For Materials.
6. Select Save and Close button.

Posting, Invoice,  Not Possible, Financial Accounting, Account Determination Group, Product category, Credit Memo , KBA , AP-PRP , Purchase Request Processing , How To