How To Fix USMD_FIN_S4MIG023 - Account &1/&2/&3: account type update 'Balance Sheet Account'

SAP Error Message - Details

• Message type: E = Error

• Message class: USMD_FIN_S4MIG -

• Message number: 023

• Message text: Account &1/&2/&3: account type update 'Balance Sheet Account'

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 USMD_FIN_S4MIG023 - Account &1/&2/&3: account type update 'Balance Sheet Account' ?

  The SAP error message USMD_FIN_S4MIG023 typically occurs during the migration process when there is an issue with the account type update for a specific account in the context of financial data migration to S/4HANA. This error indicates that the system is expecting a certain account type (in this case, a "Balance Sheet Account") but is encountering a mismatch or an issue with the account configuration.
  Cause:
  
  Incorrect Account Type: The account being migrated may not be correctly classified as a Balance Sheet Account in the source system.
  Configuration Issues: There may be configuration issues in the target S/4HANA system that do not align with the source system's account types.
  Data Migration Errors: The data being migrated may have inconsistencies or errors that prevent the system from correctly identifying the account type.
  Mapping Issues: The mapping of account types between the legacy system and S/4HANA may not be correctly defined.
  
  Solution:
  
  Check Account Configuration: Verify the account configuration in the source system to ensure that the account is indeed set up as a Balance Sheet Account.
  Review Migration Mapping: Check the mapping of account types in the migration tool (such as the SAP S/4HANA Migration Cockpit) to ensure that the account types are correctly mapped from the legacy system to S/4HANA.
  Adjust Data: If there are discrepancies in the data, correct them in the source system or during the migration process to ensure that the account types align with the expectations of S/4HANA.
  Consult Documentation: Refer to the SAP documentation for the migration process to ensure that all steps are being followed correctly and that the account types are being handled as required.
  Use Migration Tools: Utilize SAP's migration tools and templates to ensure that the data is being migrated correctly and that all necessary validations are being performed.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on account type migration issues.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  S/4HANA Migration Cockpit: Familiarize yourself with the S/4HANA Migration Cockpit, as it provides tools and templates for migrating financial data, including account types.
  Testing: Conduct thorough testing in a sandbox environment before performing the migration in the production environment to identify and resolve any issues beforehand.
  
  By following these steps, you should be able to identify the root cause of the error and implement a solution to successfully migrate your financial data to S/4HANA.