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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message GG517 - No company codes related to reconciliation ledgers exist ?

  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 reconciliation ledger is defined and active.
  
  
  
  Assign Company Codes:
  
  In the same configuration area, check if the company codes are assigned to the reconciliation ledger.
  If not, assign the relevant company codes to the reconciliation ledger.
  
  
  
  Verify Company Code Settings:
  
  Ensure that the company codes you are trying to use are active and properly configured in the system.
  Check the settings under Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > G/L Account Creation.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the reconciliation ledger and the associated company codes.
  This can be checked with the help of your SAP security team.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), OBY6 (for company code settings), and others related to financial accounting.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Review SAP documentation for reconciliation ledgers and financial accounting to ensure compliance with best practices.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP's official support channels for further assistance.