How To Fix PM152 - Clearing account with number &1 is not maintained in chart of accounts &2

SAP Error Message - Details

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 152

• Message text: Clearing account with number &1 is not maintained in chart of accounts &2

What causes this issue?

The G/L account you entered does not exist for the respective chart of
accounts in G/L account master record (table SKA1).

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?

Maintain the G/L account in the G/L account master record (chart of
accounts).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PM152 - Clearing account with number &1 is not maintained in chart of accounts &2 ?

  The SAP error message PM152 indicates that a clearing account specified in the system is not maintained in the relevant chart of accounts. This error typically arises in the context of asset accounting or when dealing with financial transactions that require a clearing account to be defined.
  Cause:
  The error occurs due to one of the following reasons:
  
  Missing Clearing Account: The clearing account specified in the transaction is not defined in the chart of accounts being used.
  Incorrect Configuration: The configuration for the clearing account may not have been set up correctly in the system.
  Chart of Accounts Assignment: The chart of accounts assigned to the company code may not include the necessary clearing account.
  
  Solution:
  To resolve the PM152 error, you can follow these steps:
  
  
  Check Clearing Account Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: Financial Accounting > General Ledger > Master Records > G/L Account > Create/Change).
  Verify that the clearing account (with number &1) is correctly defined in the chart of accounts (&2).
  
  
  
  Maintain Clearing Account:
  
  If the clearing account is missing, you need to create it. Use transaction code FS00 to create a new G/L account.
  Ensure that the account type is set correctly (e.g., balance sheet account) and that it is assigned to the correct chart of accounts.
  
  
  
  Check Company Code Assignment:
  
  Ensure that the clearing account is assigned to the relevant company code. You can check this in the G/L account settings.
  
  
  
  Review Chart of Accounts:
  
  Make sure that the chart of accounts used in your transaction is the correct one and that it includes all necessary accounts.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account
  OBY6: Define Chart of Accounts
  OBD2: Assign Company Code to Chart of Accounts
  
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring G/L accounts and charts of accounts.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to G/L accounts and chart of accounts.
  
  
  By following these steps, you should be able to resolve the PM152 error and ensure that the clearing account is properly maintained in the specified chart of accounts.