How To Fix KM490 - Account &1 is a balance sheet account

SAP Error Message - Details

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 490

• Message text: Account &1 is a balance sheet account

What causes this issue?

You have entered account &V1& in the table for valid revenue accounts,
either explicitly or within an interval.

System Response

You cannot save the account or corresponding interval here, as it was
set up as a balance sheet account.

How to fix this error?

Remove account &V1& from the table of allowed revenue or stock change
accounts.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM490 - Account &1 is a balance sheet account ?

  The SAP error message KM490 indicates that the account you are trying to use is a balance sheet account, which typically means that it cannot be used in the context you are attempting. This error often arises in the context of financial postings, particularly when dealing with profit and loss accounts or when trying to post to an account that is not intended for that type of transaction.
  
  Cause:
  
  Account Type: The account you are trying to post to is classified as a balance sheet account (e.g., asset, liability, or equity account) rather than a profit and loss account.
  Posting Type: The transaction you are attempting to execute is meant for profit and loss accounts, which are used to record income and expenses.
  
  Configuration Issues: There may be configuration settings in the SAP system that restrict the use of balance sheet accounts in certain types of postings.
  
  
  Solution:
  
  Check Account Type: Verify the account type in