How To Fix F5505 - Chart of accounts & is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 505

• Message text: Chart of accounts & is not defined

What causes this issue?

Chart of accounts "&v1&" has not been created.

System Response

System error.

How to fix this error?

Correct the entry in the company code table or create chart of accounts
"&v1&".

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5505 - Chart of accounts & is not defined ?

  The SAP error message F5505, which states "Chart of accounts & is not defined," typically occurs when the system cannot find the specified chart of accounts in the configuration. This can happen in various scenarios, such as during the posting of financial transactions or when trying to access financial reports.
  Cause:
  
  Missing Configuration: The chart of accounts has not been defined in the system.
  Incorrect Chart of Accounts: The chart of accounts specified in the transaction does not exist or is incorrectly referenced.
  Client-Specific Settings: The chart of accounts may not be assigned to the client you are working in.
  Data Migration Issues: If data has been migrated from another system, the chart of accounts may not have been properly imported or configured.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Edit Chart of Accounts List.
  Ensure that the chart of accounts you are trying to use is defined and active.
  
  
  
  Assign Chart of Accounts:
  
  Ensure that the chart of accounts is assigned to the company code you are working with.
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Edit Chart of Accounts List and check the assignment.
  
  
  
  Check Transaction Data:
  
  Verify the transaction you are trying to execute. Ensure that the correct chart of accounts is being referenced.
  
  
  
  Client Settings:
  
  Make sure that the chart of accounts is available in the client you are logged into. You can check this in the configuration settings.
  
  
  
  Data Migration:
  
  If you have recently migrated data, ensure that the chart of accounts was included in the migration process and that it is correctly set up in the new environment.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBY6 to check the chart of accounts assignment to company codes.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring and managing charts of accounts.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  By following these steps, you should be able to resolve the F5505 error and ensure that the chart of accounts is properly defined and configured in your SAP system.