How To Fix FKK_CHECKS007 - Value for RE_ACCOUNT field equals &1 in chart of accounts &2

FKK_CHECKS007 - Overview

• Message type: E = Error

• Message class: FKK_CHECKS -

• Message number: 007

• Message text: Value for RE_ACCOUNT field equals &1 in chart of accounts &2

What causes this issue?

The default value for the <LS>RE_ACCOUNT</> field is &v1& and is
assigned to cash deposits so that the system recognizes this cash as
relevant for source-based cash flow reporting.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FKK_CHECKS007 - Value for RE_ACCOUNT field equals &1 in chart of accounts &2 ?

  The SAP error message FKK_CHECKS007 indicates that there is an issue with the value provided for the RE_ACCOUNT field in the context of a specific chart of accounts. This error typically arises in the context of contract accounts receivable and payable (FI-CA) when the system checks the validity of the account specified.
  
  Cause:
  The error message occurs when:
  
  The value for the RE_ACCOUNT field does not match the expected format or is not valid for the specified chart of accounts.
  The account specified may not be defined in the chart of accounts or may not be active.
  There may be inconsistencies in the configuration of the account or the chart of accounts.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the transaction code OBY6 (or the relevant configuration transaction) to check the configuration of the chart of accounts.
  Ensure that the account specified in the RE_ACCOUNT field is correctly defined in the