How To Fix 1I061 - No reconciliation for technical clearing account (&1)

SAP Error Message - Details

• Message type: E = Error

• Message class: 1I - BCA: General Ledger Integration

• Message number: 061

• Message text: No reconciliation for technical clearing account (&1)

What causes this issue?

Postings to account &V1& are only needed for technical reasons so that
a balance of zero is achieved for the FI documents. This account is
defined with the general ledger variant.

System Response

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1I061 - No reconciliation for technical clearing account (&1) ?

  The SAP error message 1I061 indicates that there is no reconciliation for a technical clearing account. This typically occurs in the context of financial accounting, particularly when dealing with clearing accounts that are used to temporarily hold transactions before they are posted to their final destination.
  Cause:
  The error can arise due to several reasons, including:
  
  Missing Reconciliation Account: The technical clearing account may not have a corresponding reconciliation account defined in the system.
  Incorrect Configuration: The configuration settings for the clearing account may not be set up correctly in the system.
  Posting Errors: There may be postings made to the clearing account that do not have corresponding entries, leading to discrepancies.
  Data Inconsistencies: There could be inconsistencies in the data, such as missing or incorrect entries in related tables.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the configuration settings for the technical clearing account in the SAP system.
  Ensure that the account is properly defined and has a corresponding reconciliation account.
  
  
  
  Review Posting Entries:
  
  Check the postings made to the technical clearing account.
  Ensure that all entries have corresponding counter entries and that there are no missing transactions.
  
  
  
  Run Reconciliation Reports:
  
  Use SAP reports to identify any discrepancies in the clearing account.
  Reports such as the "Account Balance Display" (transaction code FS10N) can help you analyze the balances and postings.
  
  
  
  Adjust Entries:
  
  If you find any discrepancies, make the necessary adjustments to the entries to ensure that they reconcile properly.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help notes related to the error message for additional guidance and troubleshooting steps.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB52 (to check posting periods), FS10N (to view account balances), and FBL3N (to display line items).
  SAP Notes: Search for SAP Notes related to error message 1I061 for any specific patches or updates that may address the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users' experiences.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.