How To Fix FARR_FOUNDATION845 - Account &1 is not valid; accrued cost account must be a B/S account

FARR_FOUNDATION845 - Overview

• Message type: E = Error

• Message class: FARR_FOUNDATION - Revenue Accounting - Foundation

• Message number: 845

• Message text: Account &1 is not valid; accrued cost account must be a B/S account

What causes this issue?

The validation for the accrued cost 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>Accrued Cost</>.

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_FOUNDATION845 - Account &1 is not valid; accrued cost account must be a B/S account ?

  The SAP error message FARR_FOUNDATION845 indicates that the account specified (denoted as &1 in the message) is not valid for the operation you are trying to perform. Specifically, it states that the accrued cost account must be a balance sheet (B/S) account. This error typically arises in the context of Asset Accounting (FI-AA) when dealing with asset transactions.
  
  Cause:
  
  Account Type: The account you are trying to use is not configured as a balance sheet account. In SAP, accrued cost accounts must be balance sheet accounts because they represent amounts that are owed but not yet paid, which is a liability.
  
  Configuration Issues: The account may not be properly set up in the chart of accounts or may not be assigned to the correct account type in the configuration settings.
  Incorrect Account Assignment: The account might have been incorrectly assigned in the asset master record or in the configuration of the asset transaction.
  
  
  Solution:
  
  
  Check Account