How To Fix FARR_FOUNDATION807 - Account &1 is not valid; receivable adjustment account must be a B/S acct

FARR_FOUNDATION807 - Overview

• Message type: E = Error

• Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

• Message number: 807

• Message text: Account &1 is not valid; receivable adjustment account must be a B/S acct

What causes this issue?

The validation for the receivable adjustment account failed because the
determined account is not a balance sheet account.

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?

Check the account configuration under
<DS:SIMG.FI_GL_MD_FS00_DC>Edit G/L Account Centrally</>.
Maintain the correct account in the
<DS:TRAN.FARR_ACCT_DETER_CUST>BRF+ Account Determination Rules</> on
the tab <ZK>Receivable Adjustment</>.

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 FARR_FOUNDATION807 - Account &1 is not valid; receivable adjustment account must be a B/S acct ?

  The SAP error message FARR_FOUNDATION807 indicates that the account specified in the transaction is not valid for the operation being performed. Specifically, it states that the receivable adjustment account must be a balance sheet (B/S) account. This error typically arises in the context of financial accounting and asset accounting within SAP.
  
  Cause:
  
  Incorrect Account Type: The account specified in the transaction is not set up as a balance sheet account. In SAP, receivable adjustment accounts must be balance sheet accounts because they are used to adjust receivables, which are assets.
  
  Configuration Issues: The account may not be properly configured in the system, or it may not be assigned to the correct account type in the chart of accounts.
  Transaction Type: The transaction being processed may require a specific type of account that is not being met by the account provided.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the SAP transaction code FS00 (G/L Account Master Record) and check