How To Fix GC306 - No company code found for company &1

GC306 - Overview

• Message type: E = Error

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

• Message number: 306

• Message text: No company code found for company &1

What causes this issue?

No company code could be found for <DS:GLOS.company>company</>
<ZH>&V1&</> using the Customizing settings.

System Response

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

How to fix this error?

Check the assignment of company <ZH>&V1&</> to company codes in
Financial Accounting Customizing.

Error message extract from SAP system. Copyright SAP SE.

GC306 - Details

• The SAP error message GC306 "No company code found for company &1" typically occurs when the system is unable to find a valid company code associated with the specified company. This can happen in various scenarios, such as during financial transactions, reporting, or when trying to access company-specific data.
  
  Cause:
  
  Missing Company Code: The company code specified in the transaction or report does not exist in the system.
  Incorrect Configuration: The company code may not be properly configured in the system, or it may not be assigned to the company.
  Data Inconsistency: There may be inconsistencies in the master data, such as missing entries in the company code table.
  Authorization Issues: The user may not have the necessary authorizations to access the company code.
  
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code) to verify if the company code exists and