3376786 - Error Assignment to Profit Center is not permitted for new charge credit

Error message when attempting to post a new charge credit.

SAP Business ByDesign

1. Go to the Receivables work center.
2. Select Customer Accounts.
3. Search for ID XXX(XXX represent the Customer Account ID)
4. Click on View.
5. Click on New charge credit button.
6. Fill in the details as per your business needs and add a profit center.

Error message: Assignment to Profit Center is not permitted

The customer is assigned to the company YYY(YYY represents the company ID) and for this company there are two set of books assigned AAAA and ZZZZ. The Reporting Principle in the set of books is defined as Function of expense. As the reporting principle does not specify profit center accounting, profit center is not allowed in transaction postings.

To allow postings to profit center, you will need to change the reporting principle relevant to profit center accounting.

Profit Center; New Charge Credit , KBA , SRD-FIN-ACR , Receivables , Problem