How To Fix FX023 - Account & does not exist in chart of accounts

SAP Error Message - Details

• Message type: E = Error

• Message class: FX - Distributed FI Application Messages

• Message number: 023

• Message text: Account & does not exist in chart of accounts

What causes this issue?

The G/L 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 G/L account or contact your system administrator if you
want to use the account anyway.
Procedure for the System Administrator
There are two options for eliminating the error:
1.) Deactivate the validation of the G/L account in the chart of
accounts for the external company code &V2& (only sending system!):
<DS:TRAN.OB25>Proceed</>
or 2.) Create the account in the chart of accounts &V3& (then the
subsequently entered accounts are still checked):
<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 FX023 - Account & does not exist in chart of accounts ?

  The SAP error message FX023 ("Account & does not exist in chart of accounts") typically occurs when you are trying to post a transaction to a general ledger account that is not defined in the specified chart of accounts. This can happen in various modules, including Financial Accounting (FI) and Asset Accounting (AA).
  Cause:
  
  Account Not Created: The account you are trying to use has not been created in the chart of accounts.
  Incorrect Chart of Accounts: The account exists, but it is not part of the chart of accounts that is currently being used for the company code.
  Inactive Account: The account may exist but is marked as inactive or has been deleted.
  Data Entry Error: There may be a typo or error in the account number entered during the transaction.
  
  Solution:
  
  
  Check Account Existence:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check if the account exists in the relevant chart of accounts.
  Ensure that you are looking in the correct chart of accounts for the company code you are working with.
  
  
  
  Create the Account:
  
  If the account does not exist, you can create it using transaction code FS00. Make sure to select the correct chart of accounts and enter all required details.
  
  
  
  Verify Chart of Accounts:
  
  Check the configuration of your company code to ensure it is assigned to the correct chart of accounts. You can do this using transaction code OBY6.
  
  
  
  Check Account Status:
  
  If the account exists but is inactive, you may need to reactivate it or create a new account if it has been deleted.
  
  
  
  Correct Data Entry:
  
  Double-check the account number you are entering in the transaction to ensure there are no typos or errors.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account Master Record
  OBY6: Define Company Code Global Parameters
  OBD2: Assign Company Code to Chart of Accounts
  
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on managing G/L accounts and charts of accounts.
  
  
  User Authorization: Ensure that you have the necessary authorizations to create or modify G/L accounts.
  
  
  By following these steps, you should be able to resolve the FX023 error and successfully post your transactions. If the issue persists, consider consulting with your SAP support team or a functional consultant for further assistance.