How To Fix ACEC_S4078 - Co. code &1: G/L acct &2 in chart of accts &3 isn't a balance sheet acct.

SAP Error Message - Details

• Message type: E = Error

• Message class: ACEC_S4 - Customizing Message for Accrual Engine in S4 Version

• Message number: 078

• Message text: Co. code &1: G/L acct &2 in chart of accts &3 isn't a balance sheet acct.

What causes this issue?

The symbolic account you entered is used in the posting schema where the
corresponding line item has a value between 9001-9006 in field
Subledger-Specific Line Item Type. The line items with those values in
this range must be carried forward by the G/L balance carryforward run
(transaction FAGLGVTR). The system calculates the already posted
accruals by evaluating those line items in table ACDOCA in the current
year.
Company code &V1&: G/L account &V2& in chart of accounts &V3& is not a
balance sheet account.

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?

You must enter a balance sheet account number in the G/L account field.

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 ACEC_S4078 - Co. code &1: G/L acct &2 in chart of accts &3 isn't a balance sheet acct. ?

  The SAP error message ACEC_S4078 indicates that there is an issue with the General Ledger (G/L) account configuration in relation to the company code and chart of accounts. Specifically, the error states that the G/L account specified is not classified as a balance sheet account, which is required for certain transactions.
  Cause:
  
  Account Type Misconfiguration: The G/L 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 affects how transactions are processed.
  Transaction Type: The transaction being attempted requires the use of a balance sheet account, but the specified account is not of the correct type.
  Incorrect Account Assignment: The account may have been incorrectly assigned in the transaction or master data.
  
  Solution:
  
  
  Check G/L Account Configuration:
  
  Go to the G/L account master data (transaction code FS00).
  Verify that the account is set up correctly in the chart of accounts. Ensure that the account type is set to "Balance Sheet Account" (typically, this is indicated by the account number range).
  
  
  
  Modify Account Type:
  
  If the account is incorrectly classified, you may need to change its type. This can be done by editing the account in the master data. However, be cautious, as changing account types can have implications for historical data and reporting.
  
  
  
  Review Transaction:
  
  Check the transaction that is causing the error. Ensure that the correct G/L account is being used and that it aligns with the requirements of the transaction.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about making changes to the G/L account configuration, consult with your finance or accounting team to ensure compliance with accounting standards and practices.
  
  
  
  Related Information:
  
  
  Account Types in SAP: In SAP, accounts are typically classified into different types, such as:
  
  Balance Sheet Accounts (Assets, Liabilities, Equity)
  Income Statement Accounts (Revenue, Expenses)
  
  
  
  Transaction Codes:
  
  FS00: G/L Account Master Data
  OBD4: Define Account Groups
  OBY6: Assign Company Code to Chart of Accounts
  
  
  
  Documentation: Refer to SAP documentation or your organization's SAP guidelines for more detailed information on G/L account setup and classifications.
  
  
  By following these steps, you should be able to resolve the ACEC_S4078 error and ensure that the G/L account is correctly configured for the intended transactions.