How To Fix FMCCAVC307 - G/L account &1 in company code &2 is a reconciliation account

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCCAVC - Message class CCAVC - Cash control

• Message number: 307

• Message text: G/L account &1 in company code &2 is a reconciliation account

What causes this issue?

A reconciliation account cannot be defined as a cash-relevant account.

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?

Choose an G/L account that is not a reconciliation account.

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 FMCCAVC307 - G/L account &1 in company code &2 is a reconciliation account ?

  The SAP error message FMCCAVC307 indicates that you are trying to post a transaction to a General Ledger (G/L) account that is defined as a reconciliation account in the specified company code. Reconciliation accounts are special types of G/L accounts that are used to aggregate data from sub-ledgers (like accounts receivable or accounts payable) and cannot be posted to directly.
  Cause:
  
  Reconciliation Account: The G/L account you are trying to use is a reconciliation account, which means it is linked to a sub-ledger (e.g., customer or vendor accounts) and is not meant for direct postings.
  Incorrect Account Usage: The transaction you are attempting to execute is trying to post directly to a reconciliation account, which is not allowed in SAP.
  
  Solution:
  
  Use the Correct Account: Instead of posting to the reconciliation account, you should post to the appropriate G/L account that is not a reconciliation account. Check the account configuration to find an alternative G/L account that is suitable for your transaction.
  Review Transaction Type: Ensure that the type of transaction you are trying to execute is appropriate for the account you are using. If you are trying to post a transaction that should affect a sub-ledger, make sure you are using the correct sub-ledger account.
  Consult with Finance Team: If you are unsure which account to use, consult with your finance or accounting team to ensure compliance with accounting practices and to identify the correct accounts for your postings.
  
  Related Information:
  
  Reconciliation Accounts: These accounts are typically used for accounts payable (AP) and accounts receivable (AR) and are automatically updated when transactions are posted to the respective sub-ledger accounts.
  Account Configuration: You can check the configuration of the G/L account in the SAP system by navigating to the account master data. This can be done using transaction code FS00 to view the account details.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB50 (General Ledger Account Document Entry) or F-02 (General Posting) to understand how postings are made in SAP.
  
  By following these steps, you should be able to resolve the error and ensure that your postings are made to the correct accounts in SAP.