How To Fix KS034 - Create the G/L account & first

KS034 - Overview

• Message type: E = Error

• Message class: KS - RK-S Master Data Maintenance

• Message number: 034

• Message text: Create the G/L account & first

What causes this issue?

You chose the function "Create primary cost element". Primary cost
elements/revenue elements must have an equivalent in FI, meaning the
account must already exist as a G/L account in FI. Account &V1& was not
created in FI, so you cannot create it as a primary cost element.

How to fix this error?

Check whether you need to create cost element &V1& as a primary cost
element and for what purpose it is to be used for.
If the cost element is to be assigned to accounts in FI, create a G/L
account in an FI company code.
<DS:TRAN.FS01>Manually create G/L account</>
If it is not to be assigned to FI accounts (additional CO costs), it
suffices to create the G/L account as a chart of accounts item.
<DS:TRAN.FSP1>Create G/L account in chart of accounts</>
You can create the cost element as a secondary cost element in CO. This
does not require an equivalent account in FI.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KS034 - Create the G/L account & first ?

  The SAP error message KS034 ("Create the G/L account & first") typically occurs when you are trying to create or use a cost center, internal order, or other controlling objects that require a General Ledger (G/L) account, but the specified G/L account does not exist in the system.
  
  Cause:
  
  Missing G/L Account: The G/L account that you are trying to assign to the cost center or internal order has not been created in the system.
  Incorrect Account Assignment: The account you are trying to use may not be correctly assigned or may not be valid for the specific transaction or configuration you are attempting.
  
  Configuration Issues: There may be issues with the configuration of the controlling area or the chart of accounts that prevent the G/L account from being recognized.
  
  
  Solution:
  
  
  Create the G/L Account:
  
  Navigate to the transaction code FS00 (G/L Account Master Record) in SAP.
  Create the required G/L account by entering the necessary details such