How To Fix FAC_ACC_DET_MESSAGE014 - Specify a balance sheet account as a retained earning account.

FAC_ACC_DET_MESSAGE014 - Overview

• Message type: E = Error

• Message class: FAC_ACC_DET_MESSAGE - Message for account determination

• Message number: 014

• Message text: Specify a balance sheet account as a retained earning account.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAC_ACC_DET_MESSAGE014 - Specify a balance sheet account as a retained earning account. ?

  The SAP error message FAC_ACC_DET_MESSAGE014 indicates that a balance sheet account needs to be specified as a retained earnings account in the configuration of your asset accounting. This error typically arises when you are trying to post or configure asset accounting settings, and the system requires a valid retained earnings account to be defined.
  
  Cause:
  
  Missing Configuration: The retained earnings account has not been defined in the asset accounting configuration.
  Incorrect Account Type: The account specified is not a balance sheet account or is not marked as a retained earnings account.
  Account Assignment Issues: The account assignment for the asset may not be correctly set up in the system.
  
  
  Solution:
  To resolve this error, you need to ensure that a valid retained earnings account is configured in your SAP system. Here are the steps to do this:
  
  
  Define Retained Earnings Account:
  
  Go to the SAP Easy Access screen.
  Navigate to Transaction Code: OBY6 (for defining retained earnings accounts).
  Ensure that