How To Fix FARR_FOUNDATION809 - Account &1 not valid; impairment of assets account must be a P/L acct


FARR_FOUNDATION809 - Overview

  • Message type: E = Error

  • Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

  • Message number: 809

  • Message text: Account &1 not valid; impairment of assets account must be a P/L acct

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  • Self-Explanatory Message

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    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 FARR_FOUNDATION809 - Account &1 not valid; impairment of assets account must be a P/L acct ?
    The SAP error message FARR_FOUNDATION809 indicates that the account specified in the transaction is not valid for the impairment of assets. Specifically, it states that the account must be a Profit and Loss (P/L) account. This error typically arises in the context of Asset Accounting (FI-AA) when trying to post an impairment or adjustment to an asset.
    
    Cause: Account Type: The account specified (denoted as &1 in the error message) is not set up as a Profit and Loss account. In SAP, impairment of assets should be recorded against a P/L account to reflect the loss in value.
    Configuration Issues: The account may not be properly configured in the chart of accounts or may not be assigned to the correct account type in the financial settings. Incorrect Account Assignment: The account used in the transaction may have been incorrectly assigned or selected.
    Solution: Check Account Configuration: Go to the SAP transaction code OB52 (or the relevant configuration

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