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