How To Fix GG517 - No company codes related to reconciliation ledgers exist

GG517 - Overview

• Message type: E = Error

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

• Message number: 517

• Message text: No company codes related to reconciliation ledgers exist

What causes this issue?

There are no controlling area/company code assignments active for the
reconciliation ledger.

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?

Error message extract from SAP system. Copyright SAP SE.

GG517 - Details

• The SAP error message GG517, which states "No company codes related to reconciliation ledgers exist," typically occurs when you are trying to perform a transaction that requires a reconciliation ledger, but the system cannot find any company codes associated with it. This can happen in various scenarios, such as during the configuration of financial accounting or when executing certain reports.
  
  Cause:
  
  Missing Configuration: The reconciliation ledger may not be properly configured in the system.
  No Company Codes Assigned: There may be no company codes assigned to the reconciliation ledger in the configuration settings.
  Inactive Reconciliation Ledger: The reconciliation ledger might be inactive or not set up correctly.
  Authorization Issues: The user may not have the necessary authorizations to access the company codes or reconciliation ledgers.
  
  
  Solution:
  
  
  Check Reconciliation Ledger Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Reconciliation Ledger > Define Reconciliation Ledger.
  Ensure that the