How To Fix FH186 - No P&L statement account type is defined in chart of accounts &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FH - General ledger module messages

• Message number: 186

• Message text: No P&L statement account type is defined in chart of accounts &1

What causes this issue?

No <DS:DE.GVTYP>P&L statement account type</> is defined in
<DS:GLOS.3526B884AFAB52B9E10000009B38F974>chart of accounts</> &V1&.

System Response

G/L account master records cannot be edited.

How to fix this error?

Define a P&L statement account type in chart of accounts &V1&.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FH186 - No P&L statement account type is defined in chart of accounts &1 ?

  The SAP error message FH186 indicates that there is no Profit and Loss (P&L) statement account type defined in the specified chart of accounts. This error typically arises when you are trying to execute a financial transaction or generate a report that requires P&L account types, but the system cannot find the necessary configuration.
  Cause:
  
  Missing Configuration: The chart of accounts does not have any accounts defined as P&L statement account types.
  Incorrect Chart of Accounts: The wrong chart of accounts may be selected for the company code or the transaction being processed.
  Data Migration Issues: If data was migrated from another system, the P&L account types may not have been set up correctly.
  
  Solution:
  To resolve the FH186 error, you can follow these steps:
  
  
  Check Chart of Accounts Configuration:
  
  Go to the transaction code OBD4 (Define Chart of Accounts).
  Select the relevant chart of accounts and check if the P&L account types are defined.
  
  
  
  Define P&L Account Types:
  
  If P&L account types are missing, you need to define them. Go to the transaction code OBD2 (Define Account Groups) and ensure that the account groups for P&L accounts are set up correctly.
  Ensure that the account types for P&L accounts are marked appropriately (e.g., "P&L Statement").
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code is correctly assigned to the chart of accounts. You can check this in the transaction code OBY6 (Assign Company Code to Chart of Accounts).
  
  
  
  Review Financial Statement Versions:
  
  If you are generating a financial statement, ensure that the financial statement version is correctly configured to include the P&L accounts. You can check this in the transaction code OB58 (Define Financial Statement Versions).
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP FI consultant for guidance on setting up the chart of accounts and account types.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBD4: Define Chart of Accounts
  OBD2: Define Account Groups
  OBY6: Assign Company Code to Chart of Accounts
  OB58: Define Financial Statement Versions
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  Testing: After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  By following these steps, you should be able to resolve the FH186 error and ensure that your P&L accounts are correctly configured in the SAP system.