How To Fix GG516 - Enter a valid company code

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 516

• Message text: Enter a valid company code

What causes this issue?

No controlling area/company code combinations were found for the
current company code selections for which the reconciliation ledger is
active.

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?

Correct your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GG516 - Enter a valid company code ?

  The SAP error message GG516, which states "Enter a valid company code," typically occurs when a user attempts to perform a transaction or access a function that requires a valid company code, but the system does not recognize the entered code as valid. Here are the potential causes, solutions, and related information for this error:
  Causes:
  
  Incorrect Company Code Entry: The user may have mistyped the company code or entered a code that does not exist in the system.
  Company Code Not Defined: The company code may not be defined in the system configuration, or it may have been deleted or deactivated.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Client-Specific Configuration: The company code may be valid in one client but not in another, leading to confusion if users switch between clients.
  Data Consistency Issues: There may be inconsistencies in the master data or configuration that prevent the company code from being recognized.
  
  Solutions:
  
  Verify Company Code: Double-check the company code entered for any typographical errors. Ensure that it matches the valid codes in the system.
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code) to verify if the company code is defined and active.
  
  
  User Authorizations: Ensure that the user has the necessary authorizations to access the company code. This can be checked with the help of a security administrator or by using transaction SU53 to analyze authorization issues.
  Client Check: Confirm that the user is working in the correct client where the company code is defined. You can check the client number in the SAP GUI.
  Consult with IT Support: If the issue persists, it may be necessary to consult with your SAP support team or IT department to investigate any underlying data consistency issues or configuration problems.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 for company code configuration, SU53 for authorization checks, and SE16 for data table checks.
  SAP Documentation: Refer to SAP Help Portal or documentation for detailed information on company code setup and management.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to company codes and error messages.
  
  By following these steps, you should be able to identify the cause of the GG516 error and implement the appropriate solution.