F5017 - Account & is not a reconciliation account for account type &

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 017

• Message text: Account & is not a reconciliation account for account type &

What causes this issue?

The account &V1& is to be used as a reconciliation account for the
desired special G/L transaction. However, the account was not defined
as a reconciliation account for account type &V2& in the company
code-specific part of the master record.

System Response

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

How to fix this error?

If the account number is correct, change the master record of the
account. If the account number is incorrect, determine via Customizing
which account is to be used. The specification is made in table T074.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5017 - Account & is not a reconciliation account for account type & ?

  The SAP error message F5017 indicates that the account you are trying to use is not a reconciliation account for the specified account type. This typically occurs in the context of financial transactions where a reconciliation account is expected, such as when dealing with customer or vendor accounts.
  Cause:
  
  Incorrect Account Type: The account you are trying to post to is not set up as a reconciliation account for the specified account type (e.g., customer, vendor).
  Configuration Issues: The account may not be properly configured in the system to serve as a reconciliation account.
  Posting to Non-Reconciliation Account: You might be attempting to post a transaction to a general ledger account that is not designated as a reconciliation account.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the account master data (transaction code FS00).
  Verify that the account in question is set up as a reconciliation account for the appropriate account type (e.g., customer or vendor).
  Ensure that the account type (e.g., "D" for customers, "K" for vendors) matches the type of reconciliation account you are trying to use.
  
  
  
  Change Account Type:
  
  If the account is not set up correctly, you may need to change the account type or create a new account that is designated as a reconciliation account.
  
  
  
  Review Transaction:
  
  Ensure that the transaction you are trying to post is appropriate for the account type you are using. For example, if you are posting a customer invoice, ensure you are using a customer reconciliation account.
  
  
  
  Consult with SAP Administrator:
  
  If you do not have the necessary permissions to change account settings, consult with your SAP administrator or finance team to resolve the issue.
  
  
  
  Related Information:
  
  Reconciliation Accounts: These are special general ledger accounts that are used to aggregate the balances of sub-ledgers (like customer or vendor accounts). They ensure that the total of the sub-ledger accounts matches the balance in the general ledger.
  Account Types: In SAP, different account types are used to categorize accounts (e.g., asset, liability, revenue, expense). Each type has specific rules regarding how it can be used in transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (to manage G/L accounts) and FBL1N (to display vendor line items) for troubleshooting.
  
  By following these steps, you should be able to identify the cause of the error and implement the necessary changes to resolve it.