How To Fix FCO_SFIN077 - Profile &3: COGS account &1 does not belong to charts of account &2

FCO_SFIN077 - Overview

• Message type: E = Error

• Message class: FCO_SFIN - FI-CO Simplified Financials

• Message number: 077

• Message text: Profile &3: COGS account &1 does not belong to charts of account &2

What causes this issue?

COGS accounts &V1& used for splitting must be assigned to charts of
account &V2& because charts of account &V2& is assigned to cost
splitting profile &V3&.The COGS account &V1& is not assigned to charts
of account &V2&. Saving not possible.

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?

Delete the entry with COGS account &V1& for cost splitting scheme &V3&.
Then create a new relevant entry for a COGS account assigned to charts
of account &V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FCO_SFIN077 - Details

• The SAP error message FCO_SFIN077 indicates that there is an issue with the configuration of the Cost of Goods Sold (COGS) account in relation to the chart of accounts being used. Specifically, the error states that the COGS account specified does not belong to the chart of accounts that is currently being referenced.
  
  Cause:
  
  Incorrect Account Assignment: The COGS account specified in the transaction or configuration does not exist in the chart of accounts that is assigned to the company code or the relevant financial transaction.
  
  Configuration Issues: There may be a misconfiguration in the financial settings, where the COGS account is not properly linked to the correct chart of accounts.
  Data Migration Issues: If data was migrated from another system, the COGS account may not have been correctly mapped to the new chart of accounts.
  
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code OBY6 (for chart of accounts) and verify that the COGS account is