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

SAP Error Message - Details

• 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 the account type exists and is correctly configured.
  
  
  
  Correct Data Entry: Ensure that the account type is entered correctly without any typographical errors. Double-check the spelling and format.
  
  
  Review Configuration: If you are working with a specific financial process, ensure that the account type is properly assigned to that process. This may involve checking the configuration settings in the relevant modules (e.g., Financial Accounting, Controlling).
  
  
  User Authorizations: Check if the user has the necessary authorizations to access the account type. This may involve consulting with your SAP security team to ensure that the user roles are correctly assigned.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the account types relevant to your business processes.
  
  
  Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBD4 (for account types) and FCLM (for Financial Closing cockpit).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may resolve the issue.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed and resolved.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.