How To Fix GI501 - Company code & is not supported

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI501 - Company code & is not supported ?

  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 -> Master Data -> G/L Accounts -> Prepare G/L Account Creation) and verify if the company code is active.
  
  
  
  Verify Configuration:
  
  Ensure that the company code is correctly configured and assigned to the appropriate controlling area and other relevant organizational units.
  Check the configuration settings in SPRO under Financial Accounting.
  
  
  
  User Authorizations:
  
  Check the user roles and authorizations to ensure that the user has access to the specified company code. This can be done using transaction code SU53 to analyze authorization issues.
  
  
  
  Correct Data Entry:
  
  Double-check the company code entered in the transaction for any typographical errors.
  
  
  
  Define Company Code:
  
  If the company code is not defined, you can create it using transaction code OX02 (or through the configuration menu in SPRO).
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OX02, SPRO, and SU53.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring company codes and understanding the organizational structure.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the GI501 error in your SAP system.