How To Fix GC162 - No consolidation method assigned for co. & in subgroup &

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 162

• Message text: No consolidation method assigned for co. & in subgroup &

What causes this issue?

No <GL:consolidation_of_investments_method>consolidation method</> has
been assigned to <GL:company>company</> &V1& within
<GL:subgroup>subgroup</> &V2& for the year &V4& and
<GL:version>version</> &V3&.

System Response

Error message

How to fix this error?

Assign a consolidation method in the maintenance of the subgroup &V2&
to the company &V1& for the specified key date.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC162 - No consolidation method assigned for co. & in subgroup & ?

  The SAP error message GC162 indicates that there is no consolidation method assigned for a company code in a specific subgroup. This error typically arises during the consolidation process in SAP, particularly when using the SAP Business Consolidation (BC) module or SAP S/4HANA Finance.
  Cause:
  
  Missing Configuration: The most common cause of this error is that the consolidation method has not been defined for the specified company code in the relevant subgroup.
  Incorrect Assignment: The company code may not be correctly assigned to the subgroup or the consolidation method may not be properly linked to the company code.
  Data Entry Errors: There may be typographical errors or incorrect entries in the configuration settings.
  
  Solution:
  To resolve the GC162 error, follow these steps:
  
  
  Check Consolidation Method Assignment:
  
  Go to the SAP Easy Access screen and navigate to the consolidation settings.
  Check the configuration for the specific company code and subgroup to ensure that a consolidation method is assigned.
  
  
  
  Assign a Consolidation Method:
  
  If no method is assigned, you will need to assign a valid consolidation method to the company code in the subgroup.
  This can typically be done in the following path:
  
  Transaction Code: OBY6 (for Financial Accounting)
  Transaction Code: GCAC (for Consolidation)
  
  
  Ensure that the consolidation method is appropriate for the type of consolidation you are performing (e.g., full consolidation, equity method, etc.).
  
  
  
  Review Subgroup Configuration:
  
  Ensure that the subgroup is correctly configured and that the company code is included in the subgroup.
  Check if the subgroup itself has a valid consolidation method assigned.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, run the consolidation process again to see if the error persists.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct consolidation method or how to assign it, refer to the SAP documentation or consult with your SAP functional consultant.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as GCAC (Consolidation) and OBY6 (Company Code Configuration).
  SAP Notes: Check for any SAP Notes related to consolidation methods and error GC162 for additional guidance or patches.
  User Roles: Ensure that you have the necessary authorizations to make changes to the consolidation settings.
  
  By following these steps, you should be able to resolve the GC162 error and successfully proceed with your consolidation activities in SAP.