How To Fix KQ154 - Profit/loss account & is a balance sheet account

KQ154 - Overview

• Message type: E = Error

• Message class: KQ - Error Messages for Customizing Product Costing

• Message number: 154

• Message text: Profit/loss account & is a balance sheet account

What causes this issue?

The G/L account you entered in the <LS>Pt/LsAcct</> field is defined as
a balance sheet account.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter a G/L account that is defined as an <LS>income statement
account</>.
If this is a value adjustment entry, you must enter "1" in the
<LS>No</> field. In this case, you enter an income statement account in
the <LS>BalSheetAcct</> field and a balance sheet account in the
<LS>Pt/LsAcct</> field.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KQ154 - Profit/loss account & is a balance sheet account ?

  The SAP error message KQ154 indicates that there is an issue with the configuration of a profit/loss account that is being treated as a balance sheet account. This typically occurs in the context of financial accounting and controlling, particularly when dealing with cost centers, internal orders, or profit centers.
  
  Cause:
  The error arises when:
  
  A profit/loss account is incorrectly configured in the system as a balance sheet account.
  The account is being used in a context where it should not be, such as in a balance sheet report or transaction that requires a balance sheet account.
  There may be inconsistencies in the account settings in the chart of accounts or in the configuration of the controlling area.
  
  
  Solution:
  To resolve the KQ154 error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the account master data in SAP (Transaction Code: FS00).
  Verify that the account in question is correctly set up as a profit/loss account and not as