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

FH186 - Overview

• 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.

FH186 - Details

• 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