How To Fix G4001 - Company Code & not active for JV global company parameters

G4001 - Overview

• Message type: E = Error

• Message class: G4 - EC-CS Consolidation

• Message number: 001

• Message text: Company Code & not active for JV global company parameters

What causes this issue?

Although company &V1& has been flagged as active for Joint Venture
Accounting in FI (table T001), it has not been properly maintained for
the Joint Venture Accounting Global Company Parameters (table T8JZ).

System Response

You cannot post to this company until it has been deactivated for Joint
Venture Accounting in FI or table T8JZ has been properly maintained.

How to fix this error?

Deactivate Joint Venture Accounting for company &V1& in FI, or properly
maintain <DS:TRAN.GJ43>JVA global company parameters</>

Error message extract from SAP system. Copyright SAP SE.

G4001 - Details

• The SAP error message G4001 indicates that a specific company code is not active for Joint Venture (JV) global company parameters. This error typically arises in the context of Joint Venture accounting, where certain configurations must be in place for the company code to be recognized and utilized in JV transactions.
  
  Cause:
  
  Inactive Company Code: The company code specified in the error message is not activated for Joint Venture accounting in the system.
  
  Configuration Issues: The necessary configurations for the company code in the Joint Venture settings may not have been completed.
  Missing Global Parameters: The global parameters for Joint Venture accounting may not include the specified company code.
  
  
  Solution:
  To resolve the G4001 error, follow these steps:
  
  
  Check Company Code Activation:
  
  Go to the transaction code OBY6 (or the relevant configuration path) to check if the company code is active for Joint Venture accounting.
  Ensure that the company code is properly set up in the JV global parameters.
  
  
  
  Configure