How To Fix FI305 - G/L account &/& does not exist

FI305 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 305

• Message text: G/L account &/& does not exist

What causes this issue?

The G/L account does not exist.

System Response

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

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

FI305 - Details

• The SAP error message FI305 indicates that the General Ledger (G/L) account specified in a transaction does not exist in the system. This error typically occurs when trying to post a financial transaction that references a G/L account that has not been created or has been deleted.
  
  Cause:
  
  Non-Existent G/L Account: The G/L account you are trying to use has not been created in the system.
  Incorrect Account Number: There may be a typo or error in the account number you are entering.
  Account Deactivation: The G/L account may have been deactivated or marked for deletion.
  Chart of Accounts: The G/L account may not be assigned to the chart of accounts being used in the transaction.
  Company Code Issues: The G/L account may not be valid for the specific company code you are working with.
  
  
  Solution:
  
  Check G/L Account: Verify that the G/L account number you are using is correct. Ensure there are no typos or formatting issues.
  Create