How To Fix FCO_EBW012 - In chart of accts &1, ensure WIP offsetting acct &2 is a P/L account

SAP Error Message - Details

• Message type: E = Error

• Message class: FCO_EBW - Message class for Event-Based WIP

• Message number: 012

• Message text: In chart of accts &1, ensure WIP offsetting acct &2 is a P/L account

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FCO_EBW012 - In chart of accts &1, ensure WIP offsetting acct &2 is a P/L account ?

  The SAP error message FCO_EBW012 indicates that there is an issue with the configuration of the Work in Progress (WIP) offsetting account in the chart of accounts. Specifically, it states that the WIP offsetting account must be a Profit and Loss (P/L) account, but the current configuration does not meet this requirement.
  Cause:
  The error typically arises due to one of the following reasons:
  
  Incorrect Account Type: The account specified as the WIP offsetting account is not set up as a P/L account in the chart of accounts.
  Configuration Issues: There may be a misconfiguration in the settings related to WIP accounts in the controlling (CO) or financial accounting (FI) modules.
  Account Assignment: The account assignment for WIP may not be correctly defined in the relevant configuration settings.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Account Type:
  
  Go to the transaction code FS00 (G/L Account Master Record) in SAP.
  Enter the chart of accounts and the account number specified in the error message.
  Verify that the account type is set to "P/L" (Profit and Loss). If it is not, you will need to change the account type to P/L.
  
  
  
  Review WIP Configuration:
  
  Navigate to the configuration settings for WIP in the controlling module. This can typically be found under:
  
  Controlling (CO) > Product Cost Controlling > Actual Costing/Material Ledger > WIP Calculation.
  
  
  Ensure that the WIP offsetting account is correctly defined and is a P/L account.
  
  
  
  Adjust Account Assignments:
  
  If necessary, adjust the account assignments in the relevant configuration settings to ensure that the correct P/L account is being used for WIP offsetting.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction that previously triggered the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files related to WIP and account configuration for more detailed guidance.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Consult with a SAP FI/CO Consultant: If you are unsure about making changes to the configuration, it may be beneficial to consult with a SAP FI/CO consultant who can provide expert guidance.
  
  By following these steps, you should be able to resolve the FCO_EBW012 error and ensure that your WIP offsetting account is correctly configured as a P/L account.