How To Fix /PRA/ACCOUNTING301 - Balance account number is not maintained for company &1

SAP Error Message - Details

• Message type: E = Error

• Message class: /PRA/ACCOUNTING -

• Message number: 301

• Message text: Balance account number is not maintained for company &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /PRA/ACCOUNTING301 - Balance account number is not maintained for company &1 ?

  The SAP error message /PRA/ACCOUNTING301 Balance account number is not maintained for company &1 typically occurs in the context of the SAP Public Sector Management (PSM) module, particularly when dealing with accounting and financial transactions. This error indicates that a balance account number has not been defined for the specified company code in the system.
  Cause:
  The primary cause of this error is that the system is unable to find a balance account number associated with the specified company code (&1). This can happen due to several reasons:
  
  The balance account has not been configured in the system for the specified company code.
  There may be a configuration error or oversight during the setup of the financial accounting module.
  The account assignment for the transaction being processed is incorrect or incomplete.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant section for Public Sector Accounting (PSA) or Financial Accounting (FI).
  Ensure that the balance account is defined for the company code in question. This typically involves checking the settings for the relevant account types and ensuring that the balance account is properly assigned.
  
  
  
  Maintain Balance Account:
  
  If the balance account is not maintained, you will need to create or assign a balance account for the company code.
  This can usually be done in the configuration settings under the relevant financial accounting area.
  
  
  
  Check Transaction Data:
  
  Review the transaction data that triggered the error. Ensure that all necessary fields are filled out correctly and that the account assignments are valid.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on maintaining balance accounts in your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for maintaining company code settings) or OBD2 (for defining balance sheet accounts) to access the relevant configuration screens.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting or Public Sector Management.