How To Fix FCO_SFIN122 - Profile &2: Offsetting account &1 has no cost element category '01'

FCO_SFIN122 - Overview

• Message type: E = Error

• Message class: FCO_SFIN - FI-CO Simplified Financials

• Message number: 122

• Message text: Profile &2: Offsetting account &1 has no cost element category '01'

Self-Explanatory Message

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FCO_SFIN122 - Details

• The SAP error message FCO_SFIN122 indicates that there is an issue with the configuration of the offsetting account in the context of financial postings. Specifically, the error states that the offsetting account (account &1) does not have the required cost element category '01' (which typically represents primary cost elements).
  
  Cause:
  
  Missing Cost Element Configuration: The offsetting account is not configured as a primary cost element in the system. This can happen if the account is not set up correctly in the chart of accounts or if it has not been assigned a cost element category.
  Incorrect Account Assignment: The account being used in the transaction may not be appropriate for the type of posting being attempted, leading to the error.
  Transaction Type: The transaction type being processed may require a specific configuration that is not met by the current setup of the offsetting account.
  
  
  Solution:
  
  
  Check Cost Element Configuration:
  
  Go to the transaction code KA03 (Display Cost