FF701 - Error in determining posting key & account key &

SAP Error Message - Details

• Message type: E = Error

• Message class: FF - FI Function Module Messages

• Message number: 701

• Message text: Error in determining posting key & account key &

What causes this issue?

No posting keys could be found for the account key defined in the tax
calculation procedure.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the following settings in taxes on sales/purchases Customizing.
To do this, choose <PF>Maintain entries</> (<PF>F5</>):
Check or correct the calculation procedure.
Check whether you have specified a valid transaction key in the tax
type used.
If it is a new transaction key, you must first define the posting
rules. Enter the transaction keys in the calculation procedure.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FF701 - Error in determining posting key & account key & ?

  The SAP error message FF701, which states "Error in determining posting key & account key &," typically occurs during the processing of financial transactions, particularly in the context of posting documents in the Financial Accounting (FI) module. This error indicates that the system is unable to determine the appropriate posting key and account key for the transaction being processed.
  Causes of FF701 Error
  
  
  Missing or Incorrect Configuration: The posting keys or account keys may not be properly configured in the system. This can happen if the keys are not defined for the specific transaction type or if there are inconsistencies in the configuration.
  
  
  Invalid Account Assignment: The account being used in the transaction may not be valid for the type of posting being attempted. For example, if a G/L account is not set up for a specific posting key, this error can occur.
  
  
  Transaction Type Issues: The transaction type being used may not be compatible with the posting keys defined in the system.
  
  
  User Authorization: The user may not have the necessary authorizations to perform the transaction, which can lead to issues in determining the correct keys.
  
  
  Custom Development: If there are custom developments or enhancements in the system, they may interfere with the standard logic for determining posting keys and account keys.
  
  
  Solutions to FF701 Error
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Document Entry > Define Posting Keys.
  Ensure that the posting keys and account keys are correctly defined for the relevant transaction types.
  
  
  
  Validate G/L Accounts:
  
  Check the G/L accounts being used in the transaction to ensure they are valid and properly configured for the intended posting key.
  Use Transaction Code: FS00 to review the account settings.
  
  
  
  Review Transaction Types:
  
  Ensure that the transaction type being used is compatible with the posting keys defined in the system.
  
  
  
  Check User Authorizations:
  
  Verify that the user has the necessary authorizations to perform the transaction. This can be checked using Transaction Code: SU53 or by consulting with your security team.
  
  
  
  Debugging:
  
  If the issue persists, consider debugging the transaction to identify where the error is occurring in the code. This may require the assistance of a developer or SAP Basis team.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error. There may be patches or updates that resolve known issues.
  
  
  
  Related Information
  
  
  Transaction Codes: 
  
  SPRO (Configuration)
  FS00 (G/L Account Master Data)
  SU53 (Authorization Check)
  
  
  
  Documentation: Review SAP documentation related to posting keys and account keys for further understanding of their roles in financial transactions.
  
  
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered and resolved similar issues.
  
  
  By following these steps, you should be able to identify the root cause of the FF701 error and implement a solution to resolve it.