Most SAP people might be asking, what is a reconciliation account and special general ledger indicator in SAP Financial Accounting? Well, my dear readers surely you will be enlightened by this article. First, you must understand the definition of general ledger. General ledger is the main accounting record of a business which uses double-entry bookkeeping. [...]

Error Message: Choose an output device Message No.: RECPSF042 Analysis & Diagnosis When I’m trying to display the print preview of the condition cash flows simulation of the flexible real estate contract, the above error message appeared. Solution & Procedure SAP recommends specifying and output device in the user master record so that you do not have to repeat the [...]

Error Message Only a customer/vendor is allowed for document type DZ. Message No. F5167 Analysis & Diagnosis During posting of payment transaction using document type DZ, the above error message occured when more than one customer account open item entered. This transaction contains the document type ‘DZ’ and several open items. Document type ‘DZ’ has [...]

ERROR MESSAGE “Account INT-160600 not allowed to be defined as reconciliation account” . Message No.: AC309 ANALYSIS The above error message occured when saving the configuration changes in “Acquisition from affiliated company” through config transaction AO90. Here’s the configuration path that prompted the error: Path: IMG → Financial Accounting → Asset Accounting → Integration with the General Ledger → [...]

Error message: “Account ‘Acquisition from affiliated company’ could not be found for area 01″ Message no.: AU133  Analysis  The above error message occured during posting of intercompany asset transfer through transaction code ‘ABT1N‘. Path: SAP Easy Access  Menu → Accounting → Financial Accounting → Fixed Assets → Posting → Transfer →  Intercompany Asset Transfer . Transaction Code: ABT1N Diagnosis When Creating the [...]