How To Fix F2241 - Account &1 is an invalid reconciliation account in company code &2

F2241 - Overview

• 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.

F2241 - Details

• 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