How To Fix FR350 - Chart of accounts & has not been assigned

FR350 - Overview

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 350

• Message text: Chart of accounts & has not been assigned

What causes this issue?

You selected the option '&V2&' for the parameter "Not allocated charts
of accounts". Only charts of accounts which are allocated to at least
one company code is selected here. However, the chart of accounts you
entered is not allocated.

System Response

Termination of processing

How to fix this error?

Please check your entries.

Error message extract from SAP system. Copyright SAP SE.

FR350 - Details

• The SAP error message FR350 typically indicates that a chart of accounts has not been assigned to a company code in the system. This can prevent financial transactions from being processed correctly, as the system requires a valid chart of accounts to determine how to categorize and record financial data.
  
  Cause:
  The error occurs when:
  
  A company code is created without an associated chart of accounts.
  The chart of accounts has been deleted or is inactive.
  There is a configuration issue where the chart of accounts is not properly assigned to the company code.
  
  
  Solution:
  To resolve the FR350 error, follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the SAP transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Ledger > Master Data > G/L Accounts > Prepare for G/L Account Creation).
  Verify that the company code in question is listed and check if a chart of accounts is assigned to it.
  
  
  
  Assign Chart of