3365287 - Error "Item : G/L account XXX does not exist or is not permitted" Appears while Creating Credit Memo

 When trying to post the credit memo an error message appears for an invoice item: "Item : G/L account XXX does not exist or is not permitted"

SAP Business ByDesign 

1. Go to the Supplier Invoicing work center.
2. Search for the relevant Invoice.
3. Under New click on Credit memo.
4. Fill in the mandatory details and go to the Items tab.
5. Select Cost Distribution sub-tab and enter account determination group XXX in the G/L account field. 
6. Click Check or Post button.
7. Error message is thrown:

Item: G/L account XXX does not exist or is not permitted

The G/L account XXX is deleted from the master data.

Hence the error "G/L account XXX does not exist or is not permitted" is appearing when the credit memo is created for the supplier invoice.

User can create the  G/L account XXX again then take necessary action on the document. Either create credit memo or cancel the document.

error on credit memo; G/L account error; credit memo; G/L account XXX does not exist or is not permitted , KBA , SRD-SRM-SI , Supplier Invoicing , Problem