How To Fix F2068 - Account &1 is an invalid reconciliation account in company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: F2 - Master Data Maintenance: Customer, Vendor

• Message number: 068

• Message text: Account &1 is an invalid reconciliation account in company code &2

What causes this issue?

Account &V1& in company code &V2& has not been assigned the indicator
&V3& in the field <LS>Reconciliation account for account type</>.

How to fix this error?

Check whether you have entered the required G/L account.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F2068 - Account &1 is an invalid reconciliation account in company code &2 ?

  Cause:
  The SAP error message F2068 occurs when an invalid reconciliation account is assigned to a company code. A reconciliation account is used to manage the balance sheet accounts in SAP, and it must be valid and correctly assigned to the respective company code.
  Solution:
  To resolve the SAP error message F2068, follow these steps:
  
  
  Check the reconciliation account: Verify the account number and ensure it is correct. The account should exist in the chart of accounts and be assigned to the correct company code.
  
  
  Review the account assignment: Ensure that the reconciliation account is assigned to the correct company code. Use transaction code FS00 to check the account assignment details.
  
  
  Correct the account assignment: If the reconciliation account is assigned incorrectly, you can change it using transaction code FS00. Update the account assignment to the correct company code.
  
  
  Verify the chart of accounts: Check if the reconciliation account exists in the chart of accounts. If it does not exist, create the account in the chart of accounts using transaction code FS00.
  
  
  Check authorization: Ensure that you have the necessary authorization to make changes to the reconciliation account and company code assignments. Contact your system administrator if you encounter authorization issues.
  
  
  Related Information:
  
  The reconciliation account is used to manage the balance sheet accounts in SAP. It helps in tracking and managing financial transactions.
  The chart of accounts is a list of all the general ledger accounts used by an organization. It defines the structure and organization of the accounts.
  Incorrect account assignments can lead to inaccurate financial reporting and reconciliation issues.
  It is important to regularly review and maintain the reconciliation accounts to ensure accurate financial data in SAP.