How To Fix AC712 - Check entry (account & is not permitted here)

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 712

• Message text: Check entry (account & is not permitted here)

What causes this issue?

The current transaction is intended for transfer of balances during
legacy data transfer in Asset Accounting. Balances can only be
transferred for G/L accounts and reconciliation solely for Asset
Accounting. However, account &v1& is defined as a reconciliation
account for Accounts Payable or Accounts Receivable.

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?

Check the account entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC712 - Check entry (account & is not permitted here) ?

  The SAP error message AC712 ("Check entry (account & is not permitted here)") typically occurs in the context of asset accounting when you are trying to post a transaction involving an asset account that is not allowed in the current context. This can happen for various reasons, such as incorrect account settings, configuration issues, or trying to use an account that is not valid for the specific transaction type.
  Causes:
  
  Account Configuration: The asset account you are trying to use may not be configured correctly in the system. It might not be set up for the type of transaction you are attempting to perform.
  Account Type: The account may not be of the correct type (e.g., it should be a fixed asset account but is set as a different type).
  Transaction Type: The transaction type you are using may not allow the specific account you are trying to post to.
  Company Code Settings: The account may not be valid for the company code you are working with.
  Posting Period: The posting period may be closed, preventing any transactions from being posted to that account.
  
  Solutions:
  
  
  Check Account Configuration: Verify the configuration of the asset account in the SAP system. Ensure that it is set up correctly for the type of transactions you are trying to post.
  
  Go to the transaction code OBY6 to check the account settings for the company code.
  Use transaction code OAOA to check the asset account settings.
  
  
  
  Review Transaction Type: Ensure that the transaction type you are using is compatible with the asset account. You can check the allowed transaction types for the account in the configuration settings.
  
  
  Validate Company Code: Make sure that the asset account is valid for the company code you are working with. You can check this in the account master data.
  
  
  Check Posting Period: Ensure that the posting period is open. You can check this in the transaction code OB52 to see if the period is open for posting.
  
  
  Consult Documentation: If you are unsure about the configuration or settings, refer to SAP documentation or consult with your SAP administrator or functional consultant.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  AS01: Create Asset
  AS02: Change Asset
  AS03: Display Asset
  OBY6: Company Code Global Parameters
  OAOA: Asset Account Determination
  OB52: Open and Close Posting Periods
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  User Authorization: Ensure that you have the necessary authorizations to post to the asset account in question.
  
  
  By following these steps, you should be able to identify the cause of the AC712 error and implement the appropriate solution. If the issue persists, consider reaching out to your SAP support team for further assistance.