How To Fix ACE_RECON029 - The balance sheet G/L account hasn't been assigned for &1.

SAP Error Message - Details

• Message type: E = Error

• Message class: ACE_RECON - Accrual Engine migration: Messages from reconciliation

• Message number: 029

• Message text: The balance sheet G/L account hasn't been assigned for &1.

What causes this issue?

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

System Response

How to fix this error?

Configure in view <DS:SIMG.ACE_MIGRATE_ACCT_SET>Specify Account Used for
Migration</>

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 ACE_RECON029 - The balance sheet G/L account hasn't been assigned for &1. ?

  The SAP error message ACE_RECON029 indicates that a balance sheet General Ledger (G/L) account has not been assigned for a specific account or transaction. This error typically arises in the context of financial accounting and can occur during various processes, such as posting transactions or running reports.
  Cause:
  The primary cause of this error is that the system cannot find a corresponding balance sheet G/L account for the specified account (indicated by &1). This can happen due to several reasons:
  
  Missing Configuration: The G/L account may not have been properly configured in the system.
  Account Assignment: The account may not be assigned to the appropriate balance sheet category in the chart of accounts.
  Incorrect Account Type: The account type may not be set correctly, leading to the system not recognizing it as a balance sheet account.
  Data Migration Issues: If data was migrated from another system, there may be inconsistencies or missing assignments.
  
  Solution:
  To resolve the ACE_RECON029 error, you can follow these steps:
  
  
  Check G/L Account Configuration:
  
  Go to the transaction code FS00 (G/L Account Master Record).
  Enter the G/L account number and the company code.
  Verify that the account is set up correctly as a balance sheet account. Ensure that the account type is set to "Balance Sheet" (typically "S" for balance sheet accounts).
  
  
  
  Assign the G/L Account:
  
  If the account is not assigned, you may need to assign it to the appropriate balance sheet category.
  This can be done in the configuration settings under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare G/L Account Creation.
  
  
  
  Review Account Assignment:
  
  Check if the account is assigned to the correct chart of accounts and ensure that it is active.
  Ensure that the account is not marked for deletion.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines provided by your organization regarding G/L account setup and assignments.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Consult with SAP Support:
  
  If the issue continues after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: FS00 (G/L Account Master Record), OBY6 (Define G/L Account for Company Code), OBD4 (Define G/L Account for Chart of Accounts).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Documentation: Review SAP Help documentation for Financial Accounting to understand the configuration and setup of G/L accounts.
  
  By following these steps, you should be able to identify and resolve the issue causing the ACE_RECON029 error in SAP.