How To Fix PM263 - Clearing account &1 (company code &2) not in table TTRCD

PM263 - Overview

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 263

• Message text: Clearing account &1 (company code &2) not in table TTRCD

What causes this issue?

All clearing accounts entered for the G/L accounts of the account table
TTRCD must also be maintained as G/L accounts in this table. Otherwise,
there is a gap in the hierarchy structure.

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?

Add the missing entries in the account table TTRCD.
<DS:TRAN.TRCD>Execute Function</>

Error message extract from SAP system. Copyright SAP SE.

PM263 - Details

• The SAP error message PM263 indicates that a clearing account specified in the system is not found in the table TTRCD for the specified company code. This error typically arises in the context of asset accounting or when dealing with clearing accounts in financial transactions.
  
  Cause:
  
  Missing Clearing Account: The clearing account specified in the transaction is not defined in the TTRCD table for the given company code. This can happen if the account was not set up correctly or if it was deleted.
  
  Configuration Issues: There may be issues with the configuration of the asset accounting or the clearing accounts in the system.
  Incorrect Company Code: The company code specified may not have the necessary clearing accounts configured.
  
  
  Solution:
  
  
  Check Clearing Account Configuration:
  
  Go to the transaction code OBYC (Automatic Account Determination) and check the configuration for the relevant account type. Ensure that the clearing account is correctly defined for the company code in question.
  Verify that