How To Fix AC304 - Account changed to reconciliation account for Asset Accounting

AC304 - Overview

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 304

• Message text: Account changed to reconciliation account for Asset Accounting

What causes this issue?

The account in question is by definition a reconciliation account. Up
to now this account has not been defined as such in the company code.

System Response

The program has changed the account into a reconciliation account for
Asset Accounting according to your requirements.

How to fix this error?

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 AC304 - Account changed to reconciliation account for Asset Accounting ?

  The SAP error message AC304 ("Account changed to reconciliation account for Asset Accounting") typically occurs when there is an attempt to post to an account that is not allowed for Asset Accounting. This error is related to the configuration of the General Ledger (G/L) accounts in the SAP system, particularly concerning reconciliation accounts.
  
  Cause:
  
  Account Type: The account you are trying to use for asset postings is not set up as a reconciliation account. In SAP, only specific types of accounts (like reconciliation accounts) can be used for asset accounting.
  Account Configuration: The account may have been changed or configured incorrectly in the system, leading to it being classified as a non-reconciliation account.
  Posting Period: The posting period may be closed, preventing any postings to that account.
  Transaction Type: The transaction type being used may not be compatible with the account settings.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code FS00 to check the account settings.
  Ensure that