How To Fix GI262 - Retained earnings account & is not supported in chart of accounts &

GI262 - Overview

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 262

• Message text: Retained earnings account & is not supported in chart of accounts &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GI262 - Retained earnings account & is not supported in chart of accounts & ?

  The SAP error message GI262 indicates that there is an issue with the retained earnings account in the context of the chart of accounts (CoA) configuration. This error typically arises when the system is unable to recognize or process the retained earnings account due to configuration issues.
  
  Cause:
  
  Incorrect Configuration: The retained earnings account may not be properly configured in the chart of accounts. This can happen if the account is not assigned to the correct CoA or if it is not marked as a retained earnings account.
  Missing Account: The retained earnings account may not exist in the specified chart of accounts.
  Account Type Issues: The account type for the retained earnings account may not be set correctly, or it may not be compatible with the settings in the CoA.
  Company Code Issues: The company code may not be properly linked to the chart of accounts that contains the retained earnings account.
  
  
  Solution:
  
  
  Check Chart of