How To Fix PSM_S4C_FM_MD265 - Customer, vendor and contracts accounts receivable not supported for &1.

SAP Error Message - Details

• Message type: E = Error

• Message class: PSM_S4C_FM_MD -

• Message number: 265

• Message text: Customer, vendor and contracts accounts receivable not supported for &1.

What causes this issue?

Account &v1& with the budget consumption type <LS>Expense/Revenue</>
(99) must not be a reconciliation account for the <LS>Customer</> (D),
<LS>Vendor</> (K) 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.

How to fix this error?

In the company code assignment, in the field <LS>Recon. Account for
Account Type</> change the value to <LS>Assets</> (A) for asset
accounting or leave the value 'blank' for other accounting purposes.

Procedure for System Administrators

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_MD265 - Customer, vendor and contracts accounts receivable not supported for &1. ?

  The SAP error message PSM_S4C_FM_MD265 indicates that there is an issue with the configuration or usage of customer, vendor, and contract accounts in the context of accounts receivable. This error typically arises in the Public Sector Management (PSM) module when trying to process financial transactions that involve these accounts.
  Cause:
  The error message suggests that the system does not support the combination of customer, vendor, and contract accounts receivable for the specified entity (indicated by &1). This can occur due to several reasons:
  
  Configuration Issues: The system may not be properly configured to handle accounts receivable for the specified customer, vendor, or contract.
  Data Inconsistencies: There may be inconsistencies in the master data for the customer or vendor accounts.
  Transaction Type Restrictions: The transaction type being used may not support accounts receivable for the specified entities.
  Missing Authorizations: The user may not have the necessary authorizations to access or process the specified accounts.
  
  Solution:
  To resolve the error, consider the following steps:
  
  
  Check Configuration:
  
  Review the configuration settings for customer, vendor, and contract accounts in the PSM module. Ensure that the necessary settings are enabled to support accounts receivable.
  Verify that the relevant account types are correctly set up in the system.
  
  
  
  Review Master Data:
  
  Check the master data for the customer and vendor accounts involved in the transaction. Ensure that all required fields are filled out correctly and that there are no inconsistencies.
  Make sure that the accounts are active and not blocked for transactions.
  
  
  
  Transaction Type:
  
  Verify that the transaction type you are using is appropriate for the accounts involved. If necessary, consult the documentation or your SAP support team to confirm the supported transaction types.
  
  
  
  User Authorizations:
  
  Ensure that the user attempting to perform the transaction has the necessary authorizations to access and process the accounts receivable for the specified entities.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to the PSM module for any specific guidelines or updates regarding this error message.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. Provide them with the error message details and any relevant transaction information.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with transaction codes related to customer and vendor account management in SAP, such as FD01 (Create Customer), FK01 (Create Vendor), and FBL1N (Vendor Line Item Display).
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the underlying cause of the error message PSM_S4C_FM_MD265.