While creating an expense account, i get the error Make an entry in field "P&L statmt acct type". > I have created a COA and assigned to CoCd and retained earning acct is also created with X.> Didn't get error while creating asset account/bankfsoo error_s4hana.jpgDownload JPG • 120KB
Hi Krushnakanth,
'P&L statement account type' field is maintained when creating GL account with 'GL account type' , Primary Cost & revenue & Non operating Cost & Revenue.
Managed to solve the issue.
Under ledger, while setting up Currency conversion setting I had maintained currency type 11 instead of 30 (group currency) and this caused the error above.