How To Fix FCO_SFIN055 - Select one default account for price diff. splitting profile &1

FCO_SFIN055 - Overview

• Message type: E = Error

• Message class: FCO_SFIN - FI-CO Simplified Financials

• Message number: 055

• Message text: Select one default account for price diff. splitting profile &1

What causes this issue?

You have not selected a default account or you have selected an invalid
default account for price differences splitting profile &V1&.

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?

Select exactly one default account for each price differences splitting
profile.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FCO_SFIN055 - Details

• The SAP error message FCO_SFIN055 indicates that there is an issue with the configuration of the price difference splitting profile in the Financial Accounting (FI) module. Specifically, it suggests that a default account has not been selected for the price difference splitting profile specified (denoted by &1).
  
  Cause:
  This error typically arises when:
  
  The price difference splitting profile is not fully configured.
  A default account for the specified profile has not been assigned.
  There may be inconsistencies or missing entries in the configuration settings related to price difference handling.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen and navigate to the configuration settings for Financial Accounting.
  Use transaction code SPRO to access the SAP Reference IMG.
  
  
  
  Locate the Price Difference Splitting Profile:
  
  Navigate to the following path:Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Document Splitting -> Define Price Difference Splitting Profiles
  
  
  
  
  Select the Profile:
  
  Find the price difference splitting