How To Fix FC160 - G/L account & has not been created in chart of accounts &

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 160

• Message text: G/L account & has not been created in chart of accounts &

What causes this issue?

The G/L account you entered, &V1&, is not defined in chart of accounts
&V2&.

System Response

Warning

How to fix this error?

Check your entry.

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

If needed, create G/L account &V1& in chart of accounts &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC160 - G/L account & has not been created in chart of accounts & ?

  The SAP error message FC160 indicates that a General Ledger (G/L) account has not been created in the specified chart of accounts. This error typically occurs when you attempt to post a transaction to a G/L account that does not exist in the chart of accounts being used for the company code.
  Cause:
  
  Missing G/L Account: The G/L account you are trying to use has not been created in the chart of accounts associated with the company code.
  Incorrect Chart of Accounts: The chart of accounts being used for the transaction does not include the specified G/L account.
  Data Entry Error: There may be a typo or incorrect account number entered in the transaction.
  
  Solution:
  
  
  Create the G/L Account:
  
  Navigate to the transaction code FS00 (G/L Account Master Record).
  Check if the G/L account exists in the chart of accounts you are using.
  If it does not exist, create the G/L account by entering the necessary details (account number, account type, etc.) and ensure it is assigned to the correct chart of accounts.
  
  
  
  Verify Chart of Accounts:
  
  Ensure that the correct chart of accounts is assigned to the company code in the configuration settings.
  You can check this in the transaction code OBY6 (Assign Company Code to Chart of Accounts).
  
  
  
  Check for Typos:
  
  Double-check the G/L account number entered in the transaction for any typographical errors.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about creating a G/L account or if it should exist, consult with your finance or accounting team to ensure compliance with accounting policies.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account Master Record
  OBY6: Assign Company Code to Chart of Accounts
  OBD4: Define Chart of Accounts
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on managing G/L accounts and charts of accounts.
  Authorization: Ensure you have the necessary authorizations to create or modify G/L accounts in the system.
  
  By following these steps, you should be able to resolve the FC160 error and successfully post your transaction.