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Account 417000 requires an assignment to a CO object

Dear Friends:

While Trying to post FV60, I am getting the following Error

Account 417000 requires an assignment to a CO object

Message no. KI248

Diagnosis

All given account assignment objects (order, project) are defined as statistical.

System Response

Statistical orders or projects are ignored when FI and CO are reconciled. You must enter a cost center, order, project, or cost object to which the costs are posted for CO postings.

Procedure

Enter a cost center, an order, a project, or a cost object that is not statistical. The posting row affected is 001 and the account is 417000.

Solution worked on:

Account 417000 has a cost element

In T.Code OKB9, Cost element,Profit Center is defined.

How to overcome the problem.Please advise.

Regards

MSReddy

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