How To Fix GI252 - Ledger &, chart of accts. &, P&L type &: No account assigned

GI252 - Overview

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 252

• Message text: Ledger &, chart of accts. &, P&L type &: No account assigned

What causes this issue?

You are carrying out a posting to a previous year. This involves both
making a posting to ledger &V1& and automatically carrying forward the
balance for this ledger.
The balances of profit and loss accounts are now carried forward to a
retained earnings account which you can assign per chart of accounts
and income statement type (in Customizing).
In Customizing, you assigned the chart of accounts &V2& to this ledger
(at ledger/company code level). The income statement account type of
the account of the current line item is &V3&. This means that to
determine the retained earnings account, the system searches for the
entry: Chart of account &V2&, income statement account type &V3&. This
entry does not however exist.

System Response

Posting is terminated.

How to fix this error?

Assign a retained earnings account for chart of accounts &V2& and
income statement account type &V3&:
<DS:TRAN.GCS6>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

GI252 - Details

• The SAP error message GI252 indicates that there is no account assigned for a specific ledger, chart of accounts, and profit and loss (P&L) type combination. This error typically occurs during the posting of financial transactions when the system cannot find the appropriate account to use for the specified parameters.
  
  Cause:
  
  Missing Account Assignment: The most common cause is that the account has not been assigned in the configuration for the specified ledger and chart of accounts.
  Incorrect Configuration: The configuration settings for the P&L account or the ledger may not be set up correctly.
  Data Entry Error: There may be a mistake in the data entry, such as selecting the wrong ledger or chart of accounts.
  Inactive or Deleted Accounts: The account that was supposed to be used may have been marked as inactive or deleted.
  
  
  Solution:
  
  
  Check Account Assignment:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > General Ledger