How To Fix FAA_CFG_CHECK302 - Acct &2/&1 can only be either an offsetting or a recon. acct, not both

FAA_CFG_CHECK302 - Overview

• Message type: E = Error

• Message class: FAA_CFG_CHECK - Message Class for consistency check of CFG objects

• Message number: 302

• Message text: Acct &2/&1 can only be either an offsetting or a recon. acct, not both

What causes this issue?

G/L account &V1& (chart of accounts &V2&) can only be either an
offsetting account or a reconciliation account, <ZH>not</> both.

System Response

If you are making Customizing settings for valuation views, the data
<ZH>cannot</> be saved, because the posting would then <ZH>not</> work
correctly.

How to fix this error?

Please maintain the master data of the G/L account correctly.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

FAA_CFG_CHECK302 - Details

• The SAP error message FAA_CFG_CHECK302 indicates a configuration issue related to asset accounting. Specifically, it states that the account specified (indicated by &2/&1) can only be designated as either an offsetting account or a reconciliation account, but not both simultaneously.
  
  Cause:
  This error typically arises when there is a conflict in the configuration of the account settings in the Asset Accounting (FI-AA) module. The account in question has been incorrectly set up to serve dual purposes, which is not allowed in SAP. 
  
  Account Configuration: The account is likely configured as both an offsetting account and a reconciliation account in the system.
  Master Data Issues: The asset master data may reference this account incorrectly, leading to the conflict.
  Incorrect Settings: The settings in the configuration for asset classes or account determination may not align with the intended use of the account.
  
  
  Solution:
  To resolve this error, you will need to review and adjust the account configuration in