How To Fix FX002 - New clearing account & not in chart of accounts

SAP Error Message - Details

• Message type: E = Error

• Message class: FX - Distributed FI Application Messages

• Message number: 002

• Message text: New clearing account & not in chart of accounts

What causes this issue?

The clearing account &V1& you specified is not defined in the chart of
accounts of the external company code &V2&.

System Response

No actions were carried out.

How to fix this error?

Choose another clearing account.
Procedure for the System Administrator
If you want to address the account nevertheless, create it in the chart
of accounts &V3&:
<DS:TRAN.FSP1>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FX002 - New clearing account & not in chart of accounts ?

  The SAP error message FX002 ("New clearing account & not in chart of accounts") typically occurs when you are trying to post a transaction that requires a clearing account, but the specified clearing account is not defined in the chart of accounts. This can happen in various scenarios, such as during the posting of foreign currency transactions or when dealing with certain financial operations.
  Cause:
  
  Missing Clearing Account: The clearing account that is being referenced in the transaction is not defined in the chart of accounts.
  Incorrect Configuration: The configuration settings for the relevant financial transaction may not be set up correctly, leading to the system looking for a clearing account that does not exist.
  Data Entry Error: There may be a typographical error in the account number being used, or the account may have been deleted or not created yet.
  
  Solution:
  
  
  Check Chart of Accounts:
  
  Go to the transaction code OB13 (for chart of accounts) and verify if the clearing account exists in the chart of accounts you are using.
  If it does not exist, you will need to create it.
  
  
  
  Create Clearing Account:
  
  If the clearing account is missing, you can create it using transaction code FS00 (G/L Account Master Record).
  Ensure that you enter the correct details, including the account type, account group, and other necessary information.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the relevant financial module (e.g., Asset Accounting, General Ledger) to ensure that the clearing accounts are properly defined.
  Use transaction codes like OBY6 (for defining clearing accounts) to review and adjust settings as necessary.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team to ensure that the clearing account setup aligns with your organization's financial processes.
  
  
  
  Test the Changes:
  
  After making the necessary changes, try to post the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account Master Record
  OB13: Chart of Accounts
  OBY6: Define Clearing Accounts
  
  
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message.
  User Roles: Ensure that you have the necessary permissions to create or modify accounts in the system.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult with an SAP expert for further troubleshooting.