How To Fix FX086 - Clearing account & not in chart of accounts

SAP Error Message - Details

• Message type: E = Error

• Message class: FX - Distributed FI Application Messages

• Message number: 086

• Message text: 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 entering company code &V2&.

System Response

No actions were taken.

How to fix this error?

The clearing account configuration is invalid. If you want to use
the company code &V2&, please contact your system administrator.
Procedure for the System Administrator
If you want to address the account, please create it in the chart
of accounts &V3&:
<DS:TRAN.FSP1>Proceed</>
Or change the clearing accounts:
<DS:TRAN.OBYA>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FX086 - Clearing account & not in chart of accounts ?

  The SAP error message FX086 typically indicates that there is an issue with a clearing account that is not defined in the chart of accounts. This error can occur in various financial transactions, particularly in the context of asset accounting or when dealing with foreign currency transactions.
  Cause:
  
  Missing Clearing Account: The clearing account that is supposed to be used for the transaction is not defined in the chart of accounts.
  Incorrect Configuration: The configuration settings for the asset accounting or the relevant financial module may not be set up correctly.
  Data Entry Error: There may be a mistake in the data entry where an incorrect account is being referenced.
  Inactive Account: The account might exist in the chart of accounts but is marked as inactive.
  
  Solution:
  
  
  Check Chart of Accounts: Verify that the clearing account is indeed defined in the chart of accounts. You can do this by navigating to the relevant configuration settings in SAP.
  
  Use transaction code OB13 to view the chart of accounts.
  
  
  
  Define Clearing Account: If the clearing account is missing, you will need to create it.
  
  Use transaction code FS00 to create a new G/L account and ensure it is included in the chart of accounts.
  
  
  
  Review Configuration Settings: Check the configuration settings for asset accounting or the relevant module to ensure that the clearing accounts are correctly assigned.
  
  Use transaction code OAOA to check the settings for asset accounting.
  
  
  
  Check Account Status: Ensure that the account is active and not blocked for posting. You can check this in the G/L account settings.
  
  
  Consult Documentation: Review SAP documentation or help files for any specific requirements related to the clearing account in your version of SAP.
  
  
  Testing: After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FS00: Create/Change G/L Account
  OB13: Chart of Accounts
  OAOA: Asset Accounting Configuration
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to make changes to the chart of accounts and G/L accounts.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.