How To Fix PSM_S4C_FM_MD256 - Assets and contracts accounts receivable not supported for account &1.

PSM_S4C_FM_MD256 - Overview

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 256

• Message text: Assets and contracts accounts receivable not supported for account &1.

What causes this issue?

Account &V1& with the budget consumption type <LS>Liability</> (54),
<LS>Receivable</> (55) and <LS>Down Payments</> (61) must not be a
reconciliation account for <LS>Asset</> (A) or <LS>Contract Account
Receivable</> (V).

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_MD256 - Assets and contracts accounts receivable not supported for account &1. ?

  The SAP error message PSM_S4C_FM_MD256 indicates that there is an issue with the accounts receivable for assets and contracts in the context of the SAP Public Sector Management (PSM) module. Specifically, it suggests that the account specified (denoted by &1) is not supported for the operation you are trying to perform.
  
  Cause:
  
  Account Configuration: The account you are trying to use may not be configured to handle accounts receivable for assets and contracts. This could be due to settings in the chart of accounts or the account type.
  Transaction Type: The transaction you are attempting may not be compatible with the account type. For example, certain accounts may only be set up for specific types of transactions.
  Master Data Issues: There may be issues with the master data related to the asset or contract that is causing the error.
  System Settings: The system may not be set up to allow accounts receivable for the specific