How To Fix FINS_IC_CUST202 - The G/L account type for Acct &1 in ChtAccts &2 is not N.

FINS_IC_CUST202 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 202

• Message text: The G/L account type for Acct &1 in ChtAccts &2 is not N.

What causes this issue?

To post rounding differences, the G/L account type for account <(>&<)>1
in chart of accounts <(>&<)>2 must be "Nonoperating Expense or Income"
(attribute SKA1-GLACCOUNT_TYPE = 'N').

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_IC_CUST202 - Details

• The SAP error message FINS_IC_CUST202 indicates that there is an issue with the configuration of a General Ledger (G/L) account in the context of intercompany accounting. Specifically, the error states that the G/L account type for the specified account in the specified chart of accounts is not set to "N" (which typically stands for "Normal" in this context).
  
  Cause:
  
  Incorrect G/L Account Type: The G/L account in question is not configured as a normal account type. It may be set to a different type (e.g., "S" for statistical accounts, "A" for asset accounts, etc.), which is not suitable for intercompany transactions.
  
  Configuration Issues: There may be a misconfiguration in the chart of accounts or the G/L account settings that does not align with the requirements for intercompany accounting.
  Data Entry Error: There could be a mistake in the data entry where the wrong account is being referenced.
  
  
  Solution:
  
  
  Check G/L Account Configuration:
  
  Go to the transaction code