How To Fix G5504 - G/L Account & in Company & for fixed Acc. Ass. & missing

G5504 - Overview

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 504

• Message text: G/L Account & in Company & for fixed Acc. Ass. & missing

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message G5504 - G/L Account & in Company & for fixed Acc. Ass. & missing ?

  The SAP error message G5504 typically indicates that there is a problem related to the General Ledger (G/L) account configuration for fixed assets in a specific company code. This error often arises when the system cannot find a valid G/L account for a particular fixed asset transaction, which can prevent the posting of asset transactions.
  
  Cause:
  
  Missing G/L Account Assignment: The G/L account for the fixed asset may not be assigned in the configuration settings.
  Incorrect Configuration: The configuration for the asset class may not be set up correctly, leading to missing or incorrect G/L account assignments.
  Company Code Issues: The G/L account may not be defined for the specific company code in question.
  Asset Class Issues: The asset class may not have the necessary G/L accounts assigned for the relevant transactions (e.g., acquisition, depreciation).
  
  
  Solution:
  
  
  Check G/L Account Assignment:
  
  Go to the Asset Accounting configuration in SAP (Transaction Code: OAOA).
  Verify that the G/L accounts for the relevant