How To Fix MQ772 - Item &1 is not a balance sheet item

MQ772 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 772

• Message text: Item &1 is not a balance sheet item

What causes this issue?

You must specify a balance sheet item for adjustment postings in the
balance sheet. Item &V1& is, however, not a balance sheet item.

System Response

Error message

How to fix this error?

Enter a balance sheet item from <DS:TRAN.OC03>item maintenance</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ772 - Item &1 is not a balance sheet item ?

  The SAP error message MQ772, which states "Item &1 is not a balance sheet item," typically occurs in the context of financial accounting when you are trying to perform an operation that requires a balance sheet item, but the specified item is not classified as such in the system.
  
  Cause:
  
  Incorrect Account Type: The item you are trying to use (represented by &1) is not defined as a balance sheet account in the SAP system. Balance sheet accounts are typically asset, liability, or equity accounts, while income statement accounts are revenue or expense accounts.
  
  Configuration Issues: The account may not be properly configured in the chart of accounts or may not have the correct account type assigned.
  Posting Errors: You might be trying to post a transaction that is not valid for the account type you are using.
  
  
  Solution:
  
  Check Account Type: Verify the account type of the item in question. You can do this by