Finance | Project Operations, Human Resources, ...

FIXED ASSET: Account number for transaction type Ledger journal does not exist

(1) Share

Report

Posted on by Antonio Savastano

Hello everyone,
I am trying to acquire a crespite manually from the fixed asset registration journal. On posting, the system gives this error:

- Account number for transaction type Ledger journal does not exist.

I checked the posting profiles setup and everything seems okay. What could be causing this problem?

All responses (10)

Answers (0)

Suggested answer

BillurSamdancioglu 15,811 Most Valuable Professional on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hi,

Does this asset have one book or more than one.

In this case, you need to define offset account in the posting profile.
Suggested answer

Giorgio Bonacorsi 636 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hello Antonio,

Try to check these points:

1) Allow multiple acquisitions: Do not have a problem if you already did some entry

2) Select your posting profile: in the parameters

3) Check the accounting in the posting profile. The account should be in a valid structure inserted on the ledger configuration (probably the problem from here)

Thank you, let us know if the answer was helpful.

Kind regards,

Giorgio Bonacorsi
Suggested answer

Indrashis 60 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hi,

Kindly check whether the journal you have selected belongs to Tax layer and the posting profile which is set up is based on Current layer or vice-versa. I mean to say that the asset may be associated with both tax layered book and current layered book. But the fixed asset posting profile is configured only for Current layer.
Community member 2 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hi @saurabhbharti,

this is the journal that I tried to post, but still goes with error even if I checked all the parameters:
Suggested answer

saurabh bharti 15,029 Super User 2024 Season 2 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hi,

Can you please share the journal entry you are trying to post?

Also as everyone said you need to check posting profile has account mentioned for this group and book combination .

Also, posting profile is mapped on FA paameters
Antonio Savastano 27 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

@André Arnaud de Cal...André Arnaud de Cal...

I checked the account structure that is active.
André Arnaud de Cal... 291,642 Super User 2024 Season 2 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hi Antonio,

Have you also checked if all ledger accounts used in the posting profiles are included in an active account structure for this legal entity?

I wonder why there is a message about sales tax. Is this journal including tax details to be posted?
Antonio Savastano 27 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

@Ammad Jawed I checked your suggestion, I find the setup is ok
Suggested answer

Ammad Jawed 17 on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

Hi,

Please check that posting profile is connect in the Fixed asset parameters form.
Suggested answer

Ramit Paul 22,293 Most Valuable Professional on at

Like (0)

Report

FIXED ASSET: Account number for transaction type Ledger journal does not exist

This is a posting profile issue, please check the setup of the posting profile.