How To Fix CJ720 - Joint Venture Accounting is not active in company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: CJ - Project master data and structure

• Message number: 720

• Message text: Joint Venture Accounting is not active in company code &

Self-Explanatory Message

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• What is the cause and solution for SAP error message CJ720 - Joint Venture Accounting is not active in company code & ?

  The SAP error message CJ720 indicates that Joint Venture Accounting (JVA) is not active for the specified company code. This error typically arises when you attempt to perform operations related to Joint Venture Accounting in a company code where JVA has not been configured or activated.
  Cause:
  
  JVA Not Activated: The primary cause of this error is that Joint Venture Accounting has not been activated for the specified company code in the system.
  Configuration Issues: There may be configuration issues or missing settings in the JVA setup for the company code.
  Incorrect Company Code: The company code you are trying to use may not be intended for Joint Venture Accounting.
  
  Solution:
  To resolve the CJ720 error, you need to activate Joint Venture Accounting for the relevant company code. Here are the steps to do this:
  
  
  Access the JVA Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Joint Venture Accounting -> Basic Settings -> Activate Joint Venture Accounting.
  
  
  
  Activate JVA:
  
  In the configuration settings, find the option to activate Joint Venture Accounting.
  Select the company code for which you want to activate JVA.
  Ensure that the necessary settings are configured correctly.
  
  
  
  Check Dependencies:
  
  Ensure that all prerequisites for activating JVA are met, such as the correct configuration of controlling areas, profit centers, and other related settings.
  
  
  
  Testing:
  
  After activation, perform a test transaction to ensure that the error no longer appears and that JVA functions as expected.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to the SAP documentation or consult with your SAP functional consultant for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like SPRO for configuration and CJ20N for project management related to JVA.
  Authorization: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates related to JVA and the specific error message.
  
  By following these steps, you should be able to resolve the CJ720 error and successfully activate Joint Venture Accounting for the specified company code.