How To Fix F1206 - Clearing act bus.area/func.area not defined for ch./acts 1&, act key 2&

F1206 - Overview

• Message type: E = Error

• Message class: F1 - FI Function Module Messages

• Message number: 206

• Message text: Clearing act bus.area/func.area not defined for ch./acts 1&, act key 2&

What causes this issue?

The transaction you want to post requires clearing postings between
either business areas or application areas. This means you must generate
clearing postings. However, the account you are posting to has not yet
been defined in the accounting system configuration function for chart
of accounts &V1& and transaction &V2&.

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

System Response

The posting cannot be made.

How to fix this error?

Procedure for system administrator: specify the account to which the
business area or application area clearing has to be made.

<DS:TRAN.OBXM>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F1206 - Clearing act bus.area/func.area not defined for ch./acts 1&, act key 2& ?

  The SAP error message F1206 indicates that there is an issue with the clearing account for a specific business area or functional area. This error typically arises when the system cannot find a defined clearing account for the specified combination of characteristics (in this case, business area and functional area) during a financial transaction.
  
  Cause:
  
  Missing Configuration: The clearing account for the specified business area and functional area has not been defined in the system.
  Incorrect Account Assignment: The account assignment for the transaction may not match any existing clearing accounts in the configuration.
  Data Entry Error: There may be a typo or incorrect entry in the transaction that is causing the system to look for a non-existent clearing account.
  
  
  Solution:
  
  
  Define Clearing Accounts:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Preparation for Creating G/L Accounts > Define Account