How To Fix GI120 - Company code & is not assigned to ledger &

SAP Error Message - Details

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 120

• Message text: Company code & is not assigned to ledger &

What causes this issue?

This ledger is assigned to the company code at the activity/company
code/ledger level.
This assignment is missing at the company code/ledger level, so that
correct update cannot take place in G/L.

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?

Please check the Tables T886A, T886B and T882 with regard to the values
entered.
<DS:TRAN.GCB1>Make assignment</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI120 - Company code & is not assigned to ledger & ?

  The SAP error message GI120 indicates that a company code is not assigned to a ledger. This typically occurs in the context of financial accounting when you are trying to post a transaction that requires a specific ledger assignment, but the system cannot find the necessary configuration.
  Cause:
  
  Missing Configuration: The company code has not been assigned to the ledger in the system configuration.
  Incorrect Ledger: The ledger you are trying to use may not be correctly set up or may not be intended for the specified company code.
  Data Entry Error: There may be a mistake in the transaction data entry, such as selecting the wrong company code or ledger.
  
  Solution:
  To resolve the GI120 error, follow these steps:
  
  
  Check Ledger Assignment:
  
  Go to the SAP transaction code OB22 (or navigate through the menu: Financial Accounting > General Ledger > Master Data > G/L Accounts > Prepare G/L Account Creation).
  Verify that the company code in question is assigned to the appropriate ledger.
  
  
  
  Assign Company Code to Ledger:
  
  If the company code is not assigned, you can assign it by selecting the appropriate ledger and adding the company code.
  Ensure that the ledger is set up correctly for the financial year and that all necessary parameters are configured.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the ledger in OB37 (for ledger settings) to ensure that it is active and properly configured for the company code.
  
  
  
  Check Transaction Data:
  
  Review the transaction you are trying to post to ensure that the correct company code and ledger are being used.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration, refer to SAP documentation or consult with your SAP Basis or Finance team for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB22: Assign company code to ledger.
  OB37: Configure ledgers.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error.
  User Roles: Ensure that you have the necessary authorizations to make changes to the ledger assignments.
  
  By following these steps, you should be able to resolve the GI120 error and successfully post your transactions. If the issue persists, consider reaching out to your SAP support team for further assistance.