How To Fix FR323 - Company codes and charts of accounts entered are incompatible

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 323

• Message text: Company codes and charts of accounts entered are incompatible

What causes this issue?

You made no entry for the parameter "Unallocated charts of accounts".
Therefore, the only charts of accounts which will be selected are those
which are allocated to at least one of the company codes you chose.
However, the selected charts of accounts and company codes are
incompatible.

System Response

Processing terminated.

How to fix this error?

Recheck your entry. There must be at least one intersection between
the charts of accounts and company codes.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FR323 - Company codes and charts of accounts entered are incompatible ?

  The SAP error message FR323 indicates that there is an incompatibility between the company codes and the charts of accounts that have been entered in the system. This typically occurs when you are trying to perform a transaction that involves financial data, and the system cannot reconcile the company code with the specified chart of accounts.
  Cause:
  
  Incompatible Chart of Accounts: The company code you are using is not assigned to the chart of accounts you are trying to use. Each company code in SAP must be linked to a specific chart of accounts.
  Configuration Issues: There may be a configuration issue where the chart of accounts has not been properly assigned to the company code in the system settings.
  Data Entry Errors: There could be a mistake in the data entry where the wrong company code or chart of accounts is selected.
  
  Solution:
  
  
  Check Company Code Assignment:
  
  Go to the SAP transaction code OBY6 (or navigate through the menu: Financial Accounting > General Ledger > Master Data > G/L Accounts > Preparation > Define Chart of Accounts).
  Verify that the company code is correctly assigned to the chart of accounts you are trying to use.
  
  
  
  Assign Chart of Accounts to Company Code:
  
  If the company code is not assigned to the chart of accounts, you will need to assign it. This can be done in the same configuration area where you checked the assignment.
  Ensure that the chart of accounts is correctly set up for the company code.
  
  
  
  Review Transaction Data:
  
  Double-check the transaction data you are entering. Make sure that you are selecting the correct company code and chart of accounts.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to the SAP documentation or consult with your SAP administrator or functional consultant for guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OBD2, and OBD3 for managing company codes and charts of accounts.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  User Roles: Ensure that you have the necessary permissions to make changes to company codes and charts of accounts in the SAP system.
  
  By following these steps, you should be able to resolve the FR323 error and ensure that your company codes and charts of accounts are compatible for financial transactions.