How To Fix GI503 - Ledger & is not assigned to global company &

SAP Error Message - Details

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 503

• Message text: Ledger & is not assigned to global company &

What causes this issue?

Ledger & is not assigned to global company &. Check your customizing.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

&WHAT_TO_DO& en.
The ledger you entered is used to determine the chart of accounts, which
is defined on ledger/global company level. Based on this entry, the
master data check can properly take place, particularly for the account.
You do not need to specify a ledger. If you do not enter a ledger, the
operational chart of accounts belonging to the company code assigned to
the global company will be used for the master data check.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI503 - Ledger & is not assigned to global company & ?

  The SAP error message GI503 indicates that a specific ledger is not assigned to a global company. This error typically arises in the context of financial accounting and controlling when there is an attempt to perform operations that require a ledger to be linked to a global company.
  Cause:
  
  Missing Assignment: The ledger you are trying to use has not been assigned to the global company in the system.
  Configuration Issues: There may be issues in the configuration settings of the ledgers or the global company.
  Incorrect Company Code: The company code you are working with may not be correctly linked to the global company or the ledger.
  
  Solution:
  To resolve the GI503 error, follow these steps:
  
  
  Check Ledger Assignment:
  
  Go to the SAP transaction code OB22 (or SPRO -> Financial Accounting -> General Ledger -> Master Data -> Define Ledgers).
  Verify if the ledger in question is assigned to the global company. If not, you will need to assign it.
  
  
  
  Assign Ledger to Global Company:
  
  In the configuration settings, find the option to assign ledgers to global companies.
  Add the missing ledger to the appropriate global company.
  
  
  
  Verify Company Code Settings:
  
  Ensure that the company code you are using is correctly linked to the global company and the ledger.
  Check the settings in transaction code OBY6 (or SPRO -> Financial Accounting -> Global Settings -> Company Code -> Assign Company Code to Company).
  
  
  
  Check for Customizations:
  
  If there are any customizations or enhancements in your SAP system, ensure they are not interfering with the standard ledger assignments.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for any specific instructions related to your version of SAP.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22, OBY6, and SPRO for configuration.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to ledger assignments.
  System Version: Be aware that the steps may vary slightly depending on the version of SAP you are using (e.g., ECC vs. S/4HANA).
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting.