How To Fix F2241 - 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: 241

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

What causes this issue?

'D' or 'K' has not been entered in the 'Recon. account for acct type'
field in the master record of account &V1& in company code &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F2241 - Account &1 is an invalid reconciliation account in company code &2 ?

  The SAP error message F2241 indicates that the account specified is not a valid reconciliation account for the specified company code. This error typically occurs when you are trying to post a transaction that involves a reconciliation account, but the account is either not set up correctly or is not valid for the company code in question.
  Cause:
  
  Invalid Account: The account number you are trying to use is not defined as a reconciliation account in the system.
  Company Code Mismatch: The account may be valid in another company code but not in the one you are currently working with.
  Account Type: The account type may not be set correctly. Reconciliation accounts must be of the type that allows them to be used as such (e.g., they should be set as a customer or vendor reconciliation account).
  Master Data Issues: The master data for the account may not be properly maintained or may be inactive.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check the account settings.
  Ensure that the account is set as a reconciliation account and is assigned to the correct company code.
  
  
  
  Verify Company Code:
  
  Ensure that you are using the correct company code in your transaction. If you are trying to post to a different company code, make sure the account is valid for that company code.
  
  
  
  Review Account Type:
  
  Make sure that the account type is appropriate for a reconciliation account. For example, it should be set as a customer or vendor account if it is meant to reconcile with those types.
  
  
  
  Check Master Data:
  
  Ensure that the account is active and properly maintained in the system. If the account is inactive, you may need to reactivate it or create a new account.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: G/L Account Master Record
  OBY6: Define Company Code
  OBD2: Define Reconciliation Accounts for Customers
  OBD3: Define Reconciliation Accounts for Vendors
  
  
  
  Documentation: Refer to SAP documentation for detailed information on setting up reconciliation accounts and managing G/L accounts.
  
  
  User Roles: Ensure that you have the necessary authorizations to view and edit G/L account settings.
  
  
  By following these steps, you should be able to identify and resolve the issue causing the F2241 error message in SAP.