How To Fix AC305 - Account &3-&1 not allowed to be balance sheet account

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 305

• Message text: Account &3-&1 not allowed to be balance sheet account

What causes this issue?

Account &V1& is defined as a balance sheet account in chart of accounts
&V3&. However, this is <ZH>not</> correct for circumstance &V2&.
You should note that the Customizing definition of the respective
depreciation area also has an influence on the consistency check for the
general ledger accounts. This particularly affects depreciation areas
that are set up for managing investment support measures on the
liabilities side. In order for the consistency check to be correct, you
<ZH>must</> set the correct indicator in the definition of the affected
depreciation area.

System Response

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

How to fix this error?

Change the account definition or assign a different account for the
circumstance.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC305 - Account &3-&1 not allowed to be balance sheet account ?

  The SAP error message AC305 indicates that a specific account (identified by the account number and company code) is not allowed to be used as a balance sheet account. This error typically arises in the context of asset accounting or financial accounting when trying to post transactions to an account that is not configured correctly in the system.
  Cause:
  
  Account Configuration: The account in question is not set up as a balance sheet account in the chart of accounts. In SAP, accounts are classified as either balance sheet accounts or income statement accounts, and this classification must be correct for the intended use.
  Account Type: The account type may not be compatible with the transaction being processed. For example, if you are trying to post an asset transaction to a revenue account, this error will occur.
  Posting Rules: The posting rules defined in the system may restrict the use of certain accounts for specific types of transactions.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check the configuration of the account in question.
  Ensure that the account is set up as a balance sheet account in the appropriate chart of accounts.
  
  
  
  Modify Account Type:
  
  If the account is incorrectly classified, you may need to change its type to a balance sheet account. This may require the assistance of a financial administrator or someone with the appropriate authorization.
  
  
  
  Review Posting Rules:
  
  Check the posting rules in the configuration settings to ensure that the account is allowed for the type of transaction you are trying to post.
  You can review the configuration in the Financial Accounting (FI) module under the relevant settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or consult with your SAP support team for specific guidance on how to resolve this error based on your organization's configuration.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  FS00: G/L Account Master Record
  OBY6: Define Company Code
  OBD2: Define Posting Periods
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to make changes to account configurations.
  
  If the issue persists after checking the above points, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financial Accounting for further assistance.