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

GI503 - Overview

• 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.

GI503 - Details

• 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