How To Fix PM256 - A name for G/L acct &1 in chart of accts &2 is not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 256

• Message text: A name for G/L acct &1 in chart of accts &2 is not maintained

What causes this issue?

The long text name for the G/L account entered is not maintained.

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?

The long text name of the G/L account entered must be maintained in the
G/L account master record (table SKAT)!

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PM256 - A name for G/L acct &1 in chart of accts &2 is not maintained ?

  The SAP error message PM256 indicates that there is a missing or unmaintained General Ledger (G/L) account for a specific chart of accounts. This error typically arises in the context of Asset Accounting (FI-AA) when trying to post transactions related to fixed assets.
  
  Cause:
  The error occurs when:
  
  A G/L account is required for a specific transaction (e.g., acquisition, retirement, or transfer of an asset) but has not been defined in the chart of accounts.
  The G/L account specified in the configuration for asset transactions is either missing or incorrectly configured.
  The asset class or transaction type being used does not have a corresponding G/L account assigned in the configuration.
  
  
  Solution:
  To resolve the PM256 error, follow these steps:
  
  
  Check Asset Class Configuration:
  
  Go to the Asset Accounting configuration in SAP (Transaction code: OAOA).
  Verify that the asset class associated with the transaction has the necessary G/L accounts assigned. This includes acquisition, depreciation, and retirement accounts.
  
  
  
  Maintain G/L Accounts:
  
  If the G/L