Problem in accounting type m

hi Co Guru...
when i do GR  with t code mb31 movement type..101..
showing the message..
mesage type; F5714..
ACCOUNTING TYPE M AND G/L ACCOUNT WITH OPEN ITEM MANAGEMENT NOT PERMITTED....
PROCEDURE...
                       CHANGE THE MASTER DATA FOR G/L ACCOUNT 3900 IN COMPANY CODE V3& ACCORDINGLY..
kindly plz suggest me...
Thanx
regards

Hello Aqueel,
Account type M and G/L account with open item management not permitted
Message no. F5 714
Diagnosis
Account type 'M' and G/L account number '#########' (company code '####') have occurred in a certain
line item. The G/L account is run with open items.
System Response
This combination is not permitted in the financial accounting application.
I check in tcode FS00
'Control Data' tab.
  Account Management in Company Code
   Open Item Management  (please review the F1 help on this field)
F1 Help.
Indicator: Open Item Management
Determines that open items are managed for this account.
Use
Items posted to accounts managed on an open
item basis are marked as open or cleared.
The balance of these accounts is always
equal to the balance of the open items.
Examples
Accounts that ARE managed on an open item basis include:
Clearing accounts:
Bank clearing account
Payroll clearing account
Cash discount clearing account
GR/IR clearing account
Accounts that are NOT managed on an open item basis:
Bank accounts
Tax accounts
Raw material accounts
Reconciliation accounts
These are managed implicitly using the subledger open item function.
Profit and loss accounts
Materials Management (MM) accounts posted with a posting key that has account type M
My understanding from this is that the 'Open Item Management' is not to be used for Materials Management.
Cheers,
Daniela

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