How To Fix G3301 - No chart of accounts is assigned to company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: G3 - Messages for SAP Consolidation: Integration

• Message number: 301

• Message text: No chart of accounts is assigned to company code &1

What causes this issue?

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

System Response

How to fix this error?

Assign a chart of accounts to company code &V1& in the Customizing of
Financial Accounting.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G3301 - No chart of accounts is assigned to company code &1 ?

  The SAP error message G3301, which states "No chart of accounts is assigned to company code &1," typically occurs when a company code in SAP does not have a chart of accounts assigned to it. This is a critical configuration step in the SAP system, as the chart of accounts defines the structure of financial reporting and accounting for that company code.
  Cause:
  
  Missing Configuration: The most common cause is that the chart of accounts has not been assigned to the specified company code.
  Incorrect Company Code: The company code referenced in the error message may not exist or may be incorrectly specified.
  Transport Issues: If the configuration was recently transported from another system, the transport may not have included the necessary assignments.
  
  Solution:
  To resolve this error, you need to assign a chart of accounts to the company code. Here are the steps to do this:
  
  
  Access the Configuration Menu:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > SAP Reference IMG.
  
  
  
  Assign Chart of Accounts:
  
  Follow the path: Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Preparation > Assign Company Code to Chart of Accounts.
  Alternatively, you can use transaction code OB62 directly.
  
  
  
  Create or Modify Assignment:
  
  In the assignment screen, you can create a new entry or modify an existing one.
  Enter the company code and the chart of accounts you want to assign.
  Save your changes.
  
  
  
  Check for Errors: After making the assignment, check if the error persists by trying to perform the action that triggered the error.
  
  
  Related Information:
  
  Chart of Accounts: This is a list of all accounts used in the general ledger of an organization. It is essential for financial reporting and analysis.
  Company Code: This is the smallest organizational unit in financial accounting for which a complete self-contained set of accounts can be drawn up.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (to define a chart of accounts) and OBY1 (to create a company code) for further configuration.
  
  Additional Considerations:
  
  Ensure that the chart of accounts you are trying to assign is already created and active.
  If you are working in a development or test environment, ensure that the necessary transports have been moved to the production environment if applicable.
  If you are unsure about the correct chart of accounts to assign, consult with your finance or accounting team for guidance.
  
  By following these steps, you should be able to resolve the G3301 error and ensure that your company code is properly configured in SAP.