3310895 - Error Message: Account Assignment to Cost Center PQR only Allowed for Account Type Costs/Expenses. G/L Account 123 cannot be used

When you try to post a Journal Entry Voucher with a reference to a Sales Order and a Cost center the system throws an error message.
Account assignment to cost center PQR only allowed for account type Costs/Expenses. G/L Account 123 cannot be used. 

(Here PQR is Cost center id and 123 is G/L account number)

SAP Business ByDesign

1. Go to the General Ledger Work Center.
2. Select the Journal Entry Vouchers View.
3. Select a Company and a Set of Books.
4. Choose Journal Entry Type 00088 - Manual Entry for Sales Documents.
5. Enter Screen Variant 634 - Man. Write-Up/Write-Down for Sales Doc.
6. Press Add Row.
7. Choose a G/L Account
8. Enter Credit in Transaction Currency
9. Select Sales Doc. Type 114 - Sales Order.
10. Choose a Sales Doc. ID and a Sales Doc. Item ID
11. Select Cost center in Line item 2.
12. Press Simulate.

Error Message:
Account assignment to cost center PQR only allowed for account type Costs/Expenses. G/L Account 123 cannot be used. . 

You have maintained a Cost Center in the Line item and this is not expected for balance sheet accounts in G/L account field.

You will need to check the cost center assigned to the GL Account and maintain Cost Center only for cost or expense accounts.

KBA , AP-ACC , Business ByDesign: Financial Accounting , Problem