How To Fix GI501 - Company code & is not supported

GI501 - Overview

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 501

• Message text: Company code & is not supported

What causes this issue?

The company code you have entered does not exist.

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 your entry. The company code must be created in Table
T001.

Error message extract from SAP system. Copyright SAP SE.

GI501 - Details

• The SAP error message GI501 ("Company code & is not supported") typically occurs when there is an issue with the configuration or setup of the company code in the SAP system. Here are the potential causes, solutions, and related information for this error:
  Causes:
  
  Inactive Company Code: The company code you are trying to use may not be active in the system.
  Incorrect Configuration: The company code may not be properly configured in the system, or it may not be assigned to the relevant controlling area or other organizational units.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Data Entry Error: There may be a typographical error in the company code entered in the transaction.
  Company Code Not Defined: The company code may not be defined in the system at all.
  
  Solutions:
  
  
  Check Company Code Status:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Ledger ->