How To Fix KQ155 - Balance sheet account & is not a material stock account

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 155

• Message text: Balance sheet account & is not a material stock account

What causes this issue?

The G/L account you entered in the <LS>BalSheetAcct</> field is not
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 a <LS>balance sheet account</>.
If this is a value adjustment entry, you must enter a "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 KQ155 - Balance sheet account & is not a material stock account ?

  The SAP error message KQ155 indicates that there is an issue with the account assignment in a transaction related to inventory management or material accounting. Specifically, it suggests that the balance sheet account you are trying to use is not configured as a material stock account. This can occur in various scenarios, such as when trying to post a goods movement or create a material document.
  Cause:
  
  Account Configuration: The balance sheet account you are using is not set up as a stock account in the system. In SAP, stock accounts are typically configured to handle inventory transactions, and if an account is not marked as such, it will trigger this error.
  Incorrect Account Assignment: The account assignment in the transaction may be incorrect, leading to the system not recognizing it as a valid stock account.
  Material Master Settings: The material master record may not be properly configured to link to the correct stock account.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the transaction code OBYC (Automatic Account Determination).
  Look for the account in question and verify its configuration. Ensure that it is set up as a stock account (e.g., it should be linked to the appropriate valuation class).
  If necessary, change the account type to a stock account.
  
  
  
  Review Material Master Settings:
  
  Use transaction code MM03 to display the material master record.
  Check the accounting view and ensure that the valuation class is correctly assigned. The valuation class determines which accounts are used for stock postings.
  If the valuation class is incorrect, you may need to update it (this may require additional steps depending on your organization's policies).
  
  
  
  Correct Account Assignment in Transaction:
  
  If you are entering a transaction manually, double-check the account assignment to ensure that you are using the correct balance sheet account that is configured as a stock account.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about making changes to account configurations or material master records, consult with your finance or accounting team to ensure compliance with your organization's accounting policies.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBYC: Automatic Account Determination
  MM03: Display Material Master
  MB1A: Goods Withdrawal
  MB1B: Transfer Posting
  MB1C: Other Goods Receipts
  
  
  
  Documentation: Refer to SAP documentation or your organization's internal documentation for guidelines on account determination and material master configuration.
  
  
  Testing: After making changes, perform a test transaction to ensure that the error is resolved and that postings are correctly reflected in the financial statements.
  
  
  By following these steps, you should be able to resolve the KQ155 error and ensure that your balance sheet accounts are correctly configured for material stock transactions.