How To Fix FH020 - Account & has been created for company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: FH - General ledger module messages

• Message number: 020

• Message text: Account & has been created for company code &

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FH020 - Account & has been created for company code & ?

  The SAP error message FH020 indicates that an account has been created for a specific company code, but there may be issues related to the configuration or usage of that account. This error typically arises in the context of financial accounting, particularly when dealing with accounts in the General Ledger (G/L).
  Cause:
  
  Account Not Defined for Company Code: The error often occurs when the system is trying to post a transaction to a G/L account that has not been properly defined for the specified company code.
  Missing Configuration: The account may exist in the system, but it might not be configured correctly for the company code in question.
  Account Type Issues: The account type may not be compatible with the transaction being processed.
  Authorization Issues: There may be restrictions or missing authorizations for the user trying to access or post to the account.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check if the account exists for the specified company code.
  Ensure that the account is set up correctly with all necessary details, including account type, control data, and company code-specific settings.
  
  
  
  Create or Modify Account:
  
  If the account does not exist for the company code, you may need to create it.
  If it exists but is not configured correctly, modify the account settings to ensure it is properly set up for the company code.
  
  
  
  Review Account Type:
  
  Ensure that the account type is appropriate for the transactions being processed. For example, if it is a revenue account, it should be set up as such.
  
  
  
  Check Authorizations:
  
  Verify that the user has the necessary authorizations to post to the account. This can be checked in the user roles and profiles.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidelines related to your version of SAP and the configuration of financial accounts.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  FS00: G/L Account Master Record
  OBY6: Define Company Code
  OBD2: G/L Account Determination
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Manuals: Refer to user manuals or training materials for financial accounting in SAP for more detailed guidance on account setup and management.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult with an SAP expert for further troubleshooting.