SAP Note 16397 - GI253: Gl.chart of accts $,P/L acc.type $ n.supprtd

Symptom:

Retroactive posting to the previous fiscal year and posting to P/L account.
Error message GI253:
Global chart of accounts xxxx, P/L account type yy not supported

Automatic balance carried forward, T030C, global Ledger

Cause and prerequisites

When retroactive postings are made to the previous fiscal year, the system automatically carries forward the balance.
When the posting is made to a P/L accoun

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t, the corresponding retained earnings account is sought, and the balance is carried forward to it. This takes place for both the company code and for the enterprise assigned to the company code (consolidation company, global ledger).
The error occurs because no retained earnings account has been defined for the company.

Solution
Assign the corresponding retained earnings account to the company and the P/L category chart of accounts via the Customizing via 'Special Purpose Ledger -> Periodic Processing -> Balance Carry Forward -> Retained Earnings Accounts -> Maintain Global Retained Earnings Accounts' (Transaction GCS7).