How To Fix GG272 - Version 001 is not assigned to the general ledger

GG272 - Overview

• Message type: E = Error

• Message class: GG - Messages for FI-SL customizing

• Message number: 272

• Message text: Version 001 is not assigned to the general ledger

What causes this issue?

Version 001 is not assigned to the general ledger (ledger 00). You
should make this assignment so that the programs that process the
contents of the general ledger work correctly (reporting).
Note for the system administrator: an entry is missing in table T894.

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?

To correct the customizing entries for the general ledger, you should
execute the function for this ('Correct entries') in the menu screen of
this error list.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GG272 - Version 001 is not assigned to the general ledger ?

  The SAP error message GG272 "Version 001 is not assigned to the general ledger" typically occurs when you are trying to execute a transaction that requires a specific version of the general ledger (G/L) but that version has not been properly assigned or configured in the system.
  
  Cause:
  
  Version Not Assigned: The version (in this case, Version 001) has not been assigned to the general ledger in the configuration settings.
  Incorrect Configuration: The version may exist, but it is not linked to the appropriate company code or chart of accounts.
  Missing Authorizations: Sometimes, the user may not have the necessary authorizations to access the version or the general ledger.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Version Assignment:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (Customizing) ? Financial Accounting ? General Ledger ? Master Data ? Versions ? Define Versions.
  Ensure that Version 001 is defined and assigned to the relevant company code