Account needs assignment to CO object

[Former Member]

Hi

I am faced with a message 'Account XXXX needs assignment to a CO object'

hw do i go abt accomplishing this ?

reward pts for help

siddharth sridhar

[Former Member]

Dear Sridhar,

This error has surfaced because somebody has created Primary Cost Element (KA01) for the G/L account , that is maintained in VKOA (Revenue account determination) or OBYC( Configure Automatic postings).

Now nothing can be done with that G/L account.

Take help of FI consultant and create new G/L account (FS01) ( or use existing unused G/L account that meets your requirement). Assign this G/L acct to the revenue account or invenotry account (as the case may be) in VKOA or OBYC.

Hope this solves your issue.

[Former Member]

hi

while ceating purchase requisition with account assengement category (f ) it gives the error account 4000000 requires assignment to co object.

so plz can anyone help how to assign it.

[Former Member]

Your problem will easily be resolved by FI - CO consultant. FI - CO Consultant is the correct person to do the assignment in OKB9.

The only reason I suggest that you should not do it yourself is because it invovles financial & costing implication. The FI-CO consultant will inturn discuss with core team, as to which cost object should be assigned to the same.

Regards,

Rajesh Banka

If the responses are helpful to you, do reward appropriate points.

[Former Member]

Hi this is happeing because FI guys had made cost element mandatory for those accounts eg-Discount a/c of Fright a/c we can go to VKOA and maintain KOFK condtupe for tha same GLs and try to release that ..

regards

venkat

[Former Member]

Hello ,

Check in the T-code OKB9 whether the profit center,cost centres and mandatory fields were assigned for the company code and cost element.The cost element is nothing but G/L account. Check the G/L accounts present in your application document in this entry for fast reference,If the data is not maintained here,then Speak to FI guys,they will do it.

Please reward if this helps.

[Former Member]

Hi

The problem can be solved by assign an CO Object like Cost Center, Profit Center internal order etc.,

This will solve the problem

[Former Member]

Please check with the Assignment of G/L for Business Area/Plant with the Cost Center through Txn Code -> OKB9.

Reward Points if it Helps !!!!!

Harsh

[Former Member]

When did this error happen ?

If this happened during stock transfer (PGI) from one plant to another then the Standard price of the material(s) are different for the plants and the Material gain or loss account is getting posted and the perticular G/L account (xxxx) is for material gain/loss account. The particular GL may not have been assigned any CO obeject.

[Former Member]

u have to solve this issue by giving particular cost center or use FI consultants help

[Former Member]

chck in ur sales order item level profit center maintained or not... adding to others points..

cio shankar1242

[Former Member]

CO Object is added for G/L account in T.Code: FS00. Normally in Sales, Revenue account are not assigned to CO Object. You require to consult FI-CO consultant & ask the consultant to do the necessary changes.

Even, we can go & add CO Object, but it is difficult to analyse the financial implication.

Regards,

Rajesh Banka

Reward points if helpful.