How To Fix ACE_S4125 - You haven't configured a ledger group for item type &1 under Cocd &2.

ACE_S4125 - Overview

• Message type: E = Error

• Message class: ACE_S4 - Messages for S/4HANA Accrual Engine

• Message number: 125

• Message text: You haven't configured a ledger group for item type &1 under Cocd &2.

What causes this issue?

The system found that there is no ledger group configured for accrual
item type &V1& and company code &V2&.

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?

Configure in view
<DS:SIMG.VC_TACE_ITEMTY>Define Accrual Item Types</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

ACE_S4125 - Details

• The SAP error message ACE_S4125 indicates that there is a configuration issue related to ledger groups for a specific item type in a particular company code (Cocd). This error typically arises in the context of the Asset Accounting (FI-AA) module when trying to post transactions related to asset management.
  
  Cause:
  The error occurs because the system cannot find a configured ledger group for the specified item type under the given company code. This can happen due to:
  
  Missing Configuration: The ledger group for the specified item type has not been set up in the system.
  Incorrect Item Type: The item type being used may not be valid or may not have been properly defined in the system.
  Company Code Settings: The company code may not have the necessary settings or configurations for asset accounting.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) >