3476958 - Error Message no. REASSG_COSTS_REVENUE000 in app "Reassign Costs and Revenues" - SAP S/4HANA Cloud Public Edition

Error Message no. REASSG_COSTS_REVENUE000 "Indicated account invalid. Specify a valid account for allocation." when trying to add accounts for allocation under Assignment Items tab in the app "Reassign Costs and Revenues". 

SAP S/4HANA Cloud Public Edition

1. Enter the app "Reassign Costs and Revenues"
2. Go to ‘Create’ and click on ‘Add’ under the tab Assignment Items
3. Fill the parameters
4. Click on ‘Create’ button and check the error message REASSG_COSTS_REVENUE000

When using the app "Reassign Costs and Revenues", only the Assignment Type ‘Primary Costs’, ‘Primary Revenues’ and ‘Secondary Costs’ are allowed. And the Cost Element Categories of '01 - Primary Costs', '11 - Revenues' and the ones for Secondary Cost Elements are allowed.

The other Cost Element Categories for Primary Cost Elements such as '12 - Sales deduction' and ‘22 - External settlement’ are not allowed in the app "Reassign Costs and Revenues", the error is triggered when using these categories as Account for Allocation. 

Use accounts of Cost Element Categories '01 - Primary Costs', '11 - Revenues' and the ones for Secondary Cost Elements as Account for Allocation. 

Cost Element Categories | SAP Help Portal

Reassign Costs and Revenues, REASSG_COSTS_REVENUE000, Assignment Type, Cost Element Category, Assignment Items, Account for Allocation , KBA , CO-FIO-OM-IS-2CL , Reporting (Public Cloud) , Problem