How To Fix ACE301 - Accrual object &2 does not exist in company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: ACE - Nachrichten zur Accrual Engine

• Message number: 301

• Message text: Accrual object &2 does not exist in company code &1

What causes this issue?

The accrual object with external reference &V1& is not defined in the
Accrual Engine (table ACEOBJ) in company code &V1&.

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?

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 ACE301 - Accrual object &2 does not exist in company code &1 ?

  The SAP error message ACE301 indicates that the accrual object specified does not exist in the specified company code. This error typically arises in the context of financial accounting and controlling when trying to post or process accruals.
  Cause:
  
  Non-Existent Accrual Object: The accrual object you are trying to use has not been created or does not exist in the specified company code.
  Incorrect Company Code: The company code specified in the transaction does not match the company code where the accrual object is defined.
  Configuration Issues: There may be issues with the configuration settings in the system related to accruals.
  Data Migration Issues: If data has been migrated from another system, the accrual objects may not have been properly transferred or set up.
  
  Solution:
  
  Check Accrual Object: Verify that the accrual object exists in the system. You can do this by navigating to the relevant configuration or transaction where accrual objects are defined.
  Verify Company Code: Ensure that you are using the correct company code in your transaction. If you are working with multiple company codes, double-check that you are in the right context.
  Create Accrual Object: If the accrual object does not exist, you may need to create it. This typically involves going to the configuration settings in SAP and defining the accrual object for the relevant company code.
  Consult Documentation: Review SAP documentation or help files related to accrual accounting to ensure that you are following the correct procedures.
  Check Authorizations: Ensure that you have the necessary authorizations to access and create accrual objects in the system.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for company code settings) or OBD2 (for defining accrual objects) to check or create the necessary configurations.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  Documentation: Refer to the SAP Financial Accounting (FI) and Controlling (CO) documentation for detailed information on accrual accounting processes.
  
  By following these steps, you should be able to identify the cause of the ACE301 error and implement a solution.