How To Fix G01054 - Company &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: G01 - SAP Consolidation

• Message number: 054

• Message text: Company &1 does not exist

What causes this issue?

In the settings for consolidation unit &V1&, on the <LS>Data Collection
</> tab page, you have specified the <LS>Read from Universal Document</>
data transfer method.
The system assumes that company &V2& of the same name lies behind this
consolidation unit. However, this company does not yet exist in the
system.

System Response

The settings for consolidation unit &V1& are inconsistent and cannot be
saved.

How to fix this error?

Create company &V2& before you select the <LS>Read from Universal
Document</> data transfer method.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G01054 - Company &1 does not exist ?

  The SAP error message G01054, which states "Company &1 does not exist," typically occurs when you are trying to access or process data related to a company code that is not defined in the system. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Non-Existent Company Code: The company code you are trying to use does not exist in the SAP system.
  Incorrect Input: There may be a typo or incorrect entry in the company code field.
  Company Code Not Activated: The company code might exist but is not activated or is in a status that prevents its use.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Data Migration Issues: If data was migrated from another system, the company code may not have been properly imported.
  
  Solutions:
  
  
  Check Company Code: Verify that the company code you are trying to use is correctly entered and exists in the