How To Fix PM252 - 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: 252

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

What causes this issue?

The G/L account specified does not exist for the respective chart of
accounts in the 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) and restart the transaction!

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PM252 - Clearing account with number &1 is not maintained in chart of accounts &2 ?

  The SAP error message PM252 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 PM252 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 Data > G/L Accounts > Individual Processing > Create).
  Verify that the clearing account (the account number indicated in the error message) is correctly defined in the chart of accounts specified in the error message.
  
  
  
  Maintain Clearing Account:
  
  If the clearing account is missing, you need to create it. Use the 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 Chart of Accounts Assignment:
  
  Ensure that the chart of accounts assigned to your company code includes the clearing account. You can check this in the configuration settings under Financial Accounting > General Ledger > Master Data > G/L Accounts > Individual Processing > Create.
  
  
  
  Review Transaction Settings:
  
  If the clearing account is used in a specific transaction, ensure that the transaction settings are correctly configured to reference the appropriate clearing account.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations related to your organization's setup.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6: Chart of Accounts assignment.
  FS00: Create/Change G/L Account.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary permissions to create or modify G/L accounts and configurations in SAP.
  
  By following these steps, you should be able to resolve the PM252 error and ensure that the clearing account is properly maintained in the relevant chart of accounts.