How To Fix GI124 - Global company & is not assigned to ledger &, but still required posting

SAP Error Message - Details

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 124

• Message text: Global company & is not assigned to ledger &, but still required posting

What causes this issue?

At activity/global company/ledger level, you defined that the global
company must post to the ledger. However, this assignment is missing
at global company/ledger level. Update in General Ledger can therefore
not take place.

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?

Check tables T886A, T886C and T882C with regard to the values entered.
<DS:TRAN.GCG2>Make assignment</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI124 - Global company & is not assigned to ledger &, but still required posting ?

  The SAP error message GI124 indicates that a global company is not assigned to a ledger, which is necessary for posting transactions. This error typically arises in the context of financial accounting and controlling when there is a mismatch or misconfiguration in the assignment of company codes to ledgers.
  Cause:
  
  Missing Assignment: The global company (or company code) is not assigned to the specified ledger in the system.
  Configuration Issues: There may be issues in the configuration settings of the financial accounting module, particularly in the area of ledgers and company codes.
  Incorrect Posting Period: The posting period may not be open for the specified ledger, leading to the inability to post transactions.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the configuration.
  
  Solution:
  
  
  Check Ledger Assignment:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Ledger > Define and Assign Ledgers.
  Ensure that the global company is correctly assigned to the relevant ledger.
  
  
  
  Assign Company Code to Ledger:
  
  In the same configuration area, check if the company code is assigned to the ledger you are trying to post to.
  If not, assign the company code to the ledger.
  
  
  
  Review Posting Periods:
  
  Check if the posting period is open for the ledger in question. You can do this via Transaction Code: OB52.
  Ensure that the period is open for the relevant company code and ledger.
  
  
  
  Check for Data Migration Issues:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary configurations were correctly set up.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or functional consultant for any specific configurations that may be required for your system.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  SPRO (Customizing)
  OB52 (Manage Posting Periods)
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that the user has the necessary authorizations to perform the required actions in the system.
  
  By following these steps, you should be able to resolve the GI124 error and successfully post your transactions. If the issue persists, it may be beneficial to engage with your SAP support team for further assistance.