How To Fix FU010 - Acct & in chart of accts & is a P+L acct

SAP Error Message - Details

• Message type: E = Error

• Message class: FU - Utilities

• Message number: 010

• Message text: Acct & in chart of accts & is a P+L acct

What causes this issue?

The balance carried forward for an individual account is only possible
for balance sheet accounts. However, account &V1& in chart of accounts
&V2& is an income statement account.

How to fix this error?

If you want to carry out the balance carried forward for the income
statement account &V1& in chart of accounts &V2&, only specify the
company code and not any individual accounts so that the amounts of all
income statement accounts can be determined for the respective
carryforward accounts.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FU010 - Acct & in chart of accts & is a P+L acct ?

  The SAP error message FU010 indicates that there is an issue with the account being used in a financial transaction. Specifically, the message states that the account in question is a Profit and Loss (P&L) account, which may not be appropriate for the type of transaction you are trying to execute.
  Cause:
  
  Account Type Mismatch: The account you are trying to use is classified as a P&L account, but the transaction requires a balance sheet account (or vice versa).
  Incorrect Configuration: The account may not be configured correctly in the chart of accounts, or it may not be set up for the type of transaction you are attempting.
  Posting Rules: The posting rules in the system may restrict the use of P&L accounts for certain types of transactions.
  
  Solution:
  
  Check Account Type: Verify the account type in the chart of accounts. Ensure that you are using the correct account type for the transaction you are trying to post.
  Use the Correct Account: If the transaction requires a balance sheet account, replace the P&L account with an appropriate balance sheet account.
  Review Configuration: Check the configuration of the account in the SAP system. Ensure that it is set up correctly for the intended use.
  Consult Documentation: Review SAP documentation or consult with your SAP administrator to understand the specific requirements for the transaction you are attempting.
  Transaction Type: Ensure that the transaction type you are using is compatible with the account type. For example, certain transactions may only allow balance sheet accounts.
  
  Related Information:
  
  Chart of Accounts: The chart of accounts is a listing of all accounts used in the general ledger of an organization. Each account is classified as either a balance sheet account or a P&L account.
  Account Configuration: In SAP, accounts can be configured with various settings that determine how they can be used in transactions. This includes settings for posting rules, account types, and more.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that can help you view and edit account settings, such as FS00 (G/L Account Master Record) and OB52 (Open and Close Posting Periods).
  
  If you continue to experience issues after checking these aspects, it may be beneficial to reach out to your SAP support team for further assistance.