How To Fix GG516 - Enter a valid company code

GG516 - Overview

• 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.

GG516 - Details

• 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