How To Fix FAGL_COFI053 - Account & & is not defined for accounting principle &

FAGL_COFI053 - Overview

• Message type: E = Error

• Message class: FAGL_COFI - Messages for Real-Time Integration CO->FI

• Message number: 053

• Message text: Account & & is not defined for accounting principle &

What causes this issue?

You are using the accounts approach for parallel accounting. The
reconciliation account &V1& in company code &V2& is not valid for
accounting principle &V3&. The reconciliation account is determined from
the cost element using account determination. When you portray parallel
accounting using accounts, you define the parallel G/L accounts in
Customizing.

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?

Determine whether the original cost element is to be used for this
accounting principle. In this case, replace the assigned G/L account for
the reconciliation account in the Customizing activity
<DS:SIMG.V_FCML_ACCMAP_AP>Determine Accounts Based on Accounting
Principle</>.

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_COFI053 - Account & & is not defined for accounting principle & ?

  The SAP error message FAGL_COFI053 indicates that a specific account is not defined for a particular accounting principle in the context of the General Ledger (G/L) accounting. This error typically arises when you are trying to post a transaction that requires an account to be linked to a specific accounting principle, but the system cannot find the necessary configuration.
  
  Cause:
  
  Missing Account Assignment: The account you are trying to use is not assigned to the specified accounting principle in the configuration settings.
  Incorrect Configuration: The accounting principle may not be properly set up in the system, or the account may not be included in the relevant chart of accounts.
  Data Entry Error: There may be a typo or incorrect account number being used in the transaction.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code OB58 (or the relevant configuration path) to check the account assignments for the accounting principles.
  Ensure that the account in question is assigned