How To Fix FCML010 - Account &1 is not valid for accounting principle &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FCML - Message Class FCML

• Message number: 010

• Message text: Account &1 is not valid for accounting principle &2

What causes this issue?

The alternative account &V1& was determined in company code &V3& for
account &V4& and accounting principle &V2&. However, the account &V1& is
not specifically valid for accounting principle &V2&.

System Response

The transaction is terminated.

How to fix this error?

Check the validity of the account for the accounting principle or the
settings for determining the alternative account. See Customizing for
<LS>Parallel Accounting with Accounts (Accounts Approach)</> under
<DS:SIMG.V_ACC_ACPAK_MAP>Define Account Assignment</> and
<DS:SIMG.V_FCML_ACCMAP_AP>Determine Accounts Depending on Accounting
Principle</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FCML010 - Account &1 is not valid for accounting principle &2 ?

  The SAP error message FCML010 indicates that the specified account (represented by &1) is not valid for the specified accounting principle (represented by &2). This error typically occurs in the context of financial accounting and can arise in various scenarios, such as during posting transactions or when trying to execute reports.
  Cause:
  
  
  Account Configuration: The account in question may not be configured for the specified accounting principle. This can happen if the account is not assigned to the correct chart of accounts or if it is not marked as valid for the specific accounting principle in the system.
  
  
  Accounting Principles: Different accounting principles (e.g., local GAAP, IFRS) may have different requirements for account usage. If the account is not set up to be used under the specified accounting principle, this error will occur.
  
  
  Master Data Issues: The account master data may be incomplete or incorrectly maintained, leading to the account not being recognized for the specified accounting principle.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the account master data in the SAP system (transaction code FS00).
  Verify that the account is correctly assigned to the relevant chart of accounts and that it is marked as valid for the specified accounting principle.
  
  
  
  Review Accounting Principles:
  
  Check the configuration of the accounting principles in the system (transaction code OBY6).
  Ensure that the account is included in the list of valid accounts for the specified accounting principle.
  
  
  
  Adjust Master Data:
  
  If the account is not valid for the accounting principle, you may need to adjust the account settings or create a new account that is valid for the required accounting principle.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configuration settings related to your organization's accounting principles and chart of accounts.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  FS00: Display/Change G/L Account Master Data
  OBY6: Define Accounting Principles
  OBC4: Assign Accounts to Accounting Principles
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to account master data and accounting principles.
  
  
  Documentation: Refer to the SAP Help Portal for detailed information on configuring accounts and accounting principles.
  
  
  By following these steps, you should be able to resolve the FCML010 error and ensure that the account is valid for the specified accounting principle.