How To Fix FINS_ACDOC_POST120 - Balance Sheet Account ( &1 ) used for intercompany CO transactions

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_POST - FIN UDoc posting: Message from posting

• Message number: 120

• Message text: Balance Sheet Account ( &1 ) used for intercompany CO transactions

What causes this issue?

Balance Sheet Account (&V1&) used for intercompany CO transactions.

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?

Nonoperating expense and income accounts recommended for intercompany CO
transactions.
The message can be switched off in customizing or set to error message
to prevent a posting using a balance sheet acount
INCLUDE CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

Procedure for System Administrators

Change account determination accordingly

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_POST120 - Balance Sheet Account ( &1 ) used for intercompany CO transactions ?

  The SAP error message FINS_ACDOC_POST120 typically occurs when there is an issue with the configuration or usage of balance sheet accounts in intercompany transactions within the Controlling (CO) module. This error indicates that a balance sheet account is being used in a way that is not allowed for intercompany transactions.
  Cause:
  
  Account Configuration: The balance sheet account (&1) is not configured correctly for intercompany postings. This could be due to settings in the account master data or the configuration of the controlling area.
  Account Type: The account may not be set up as an intercompany account, which is necessary for transactions that involve multiple company codes.
  Posting Rules: The posting rules for intercompany transactions may not allow the use of the specified balance sheet account.
  Transaction Type: The transaction type being used may not be compatible with the balance sheet account in question.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the account master data for the balance sheet account in question and ensure that it is set up correctly for intercompany transactions.
  Verify that the account is marked as an intercompany account if applicable.
  
  
  
  Review Posting Rules:
  
  Check the configuration of the posting rules in the controlling area to ensure that the balance sheet account can be used for intercompany transactions.
  You may need to adjust the rules to allow the use of this account.
  
  
  
  Use Correct Account:
  
  If the account is not intended for intercompany transactions, consider using a different account that is specifically designated for such transactions.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configuration settings related to intercompany transactions and balance sheet accounts.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to ensure that the error does not occur again.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as FS00 (to display/change account master data) or OBY6 (to configure intercompany settings) to check and modify the account settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on intercompany accounting configurations.
  Documentation: Refer to the SAP Help Portal for detailed information on intercompany accounting and the configuration of balance sheet accounts.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financials for further assistance.