How To Fix FAGL_CL010 - No profit and loss account assigned to B/S account &1 in cash ledger

FAGL_CL010 - Overview

• Message type: E = Error

• Message class: FAGL_CL - Cash Ledger

• Message number: 010

• Message text: No profit and loss account assigned to B/S account &1 in cash ledger

What causes this issue?

You have activated the cash ledger and want to post to balance sheet
accounts with the business transaction to be posted. However, balance
sheet accounts require an assignment to the profit account in the cash
ledger.

System Response

Posting is terminated.

How to fix this error?

Assign a profit account to the balance sheet account in Customizing
under <DS><DS:SIMG.SIMG_FA_CL_ZUORDNEN> Define Assignment Between
Balance Sheet Accounts and Profit and Loss Accounts</> </>.

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_CL010 - No profit and loss account assigned to B/S account &1 in cash ledger ?

  The SAP error message FAGL_CL010 indicates that there is no profit and loss (P&L) account assigned to a balance sheet (B/S) account in the cash ledger. This typically occurs in the context of financial accounting when trying to post transactions that require a P&L account to be linked to a specific balance sheet account.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the balance sheet account in question has not been properly configured in the system to link it to a corresponding profit and loss account.
  Incorrect Account Type: The account may be set up incorrectly in the chart of accounts or may not be designated as a P&L account.
  Cash Ledger Settings: The cash ledger settings may not have been properly defined to include the necessary account assignments.
  
  
  Solution:
  To resolve the FAGL_CL010 error, follow these steps:
  
  
  Check Account Configuration:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check the