How To Fix FCLM_BAM_MAINT005 - &1 is not a valid account type.

FCLM_BAM_MAINT005 - Overview

• Message type: E = Error

• Message class: FCLM_BAM_MAINT -

• Message number: 005

• Message text: &1 is not a valid account type.

What causes this issue?

The specified account type does not exist.

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?

Specify an existing account type or contact technical support to define
a new account type.

Procedure for System Administrators

If you want to add an account type, you can do so in Customizing under
<LS>Financial Supply Chain Management</> -> <LS>Cash and Liquidity
Management</> -> <LS>Bank Account Management</> -> <LS>Basic Settings</>
->
<DS:SIMG.FCLM_BAM_MD>Define Settings for Bank Account Master Data</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FCLM_BAM_MAINT005 - &1 is not a valid account type. ?

  The SAP error message FCLM_BAM_MAINT005 indicates that the account type specified in a transaction or configuration is not valid. This error typically occurs in the context of SAP Financial Closing cockpit or related financial applications where account types are defined and used for various financial processes.
  
  Cause:
  
  Invalid Account Type: The account type you are trying to use does not exist in the system or is not configured correctly.
  
  Configuration Issues: The account type may not be assigned to the relevant financial transaction or process.
  Data Entry Error: There might be a typographical error in the account type entered in the transaction.
  Missing Authorizations: The user may not have the necessary authorizations to access or use the specified account type.
  
  
  Solution:
  
  
  Check Account Type: Verify that the account type you are using is valid. You can do this by checking the configuration in the SAP system:
  
  Go to the transaction code OBD4 (for account types) and ensure that