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

GC162 - Overview

• 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.

GC162 - Details

• 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