How To Fix 1M160 - Balancing type &1 already exists

1M160 - Overview

• Message type: E = Error

• Message class: 1M - BKK: Abschluß

• Message number: 160

• Message text: Balancing type &1 already exists

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1M160 - Balancing type &1 already exists ?

  The SAP error message 1M160 ("Balancing type &1 already exists") typically occurs in the context of financial accounting or controlling when you are trying to create or modify a balancing type that already exists in the system. This error is often encountered in the configuration of financial documents, particularly in the context of document splitting or when defining balancing types for various accounting purposes.
  
  Cause:
  The error is triggered when:
  
  You attempt to create a new balancing type with an identifier that is already in use in the system.
  There is a duplicate entry in the configuration settings for balancing types.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Balancing Types:
  
  Navigate to the configuration settings where balancing types are defined (usually in the Financial Accounting or Controlling module).
  Look for the balancing type that you are trying to create and verify if it already exists.
  
  
  
  Modify or Delete Existing Entry:
  
  If the balancing type already