How To Fix FG001 - Required entry for account type not made

FG001 - Overview

• Message type: E = Error

• Message class: FG - Program Error Messages

• Message number: 001

• Message text: Required entry for account type not made

What causes this issue?

You did not enter an account type.

System Response

Error message

How to fix this error?

Please enter a valid account type.

Error message extract from SAP system. Copyright SAP SE.

FG001 - Details

• The SAP error message FG001 ("Required entry for account type not made") typically occurs when there is a missing configuration or entry related to account types in the system. This error is often encountered during the posting of financial transactions, particularly in the context of General Ledger (G/L) accounts.
  
  Cause:
  
  Missing Account Type Configuration: The error usually indicates that the system is expecting a specific account type (e.g., asset, liability, revenue, expense) to be defined in the configuration but it is not available.
  Incorrect Account Assignment: The account type may not be correctly assigned to the G/L account being used in the transaction.
  Missing Master Data: The relevant master data for the account type may not have been created or activated in the system.
  
  
  Solution:
  
  
  Check Account Type Configuration:
  
  Go to the transaction code OBD4 (or navigate through the menu: SPRO > Financial Accounting > General Ledger > Master Data > G/L Accounts > Prepare G/L Account