How To Fix GJ050 - Posting Key & Does not Exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 050

• Message text: Posting Key & Does not Exist.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GJ050 - Posting Key & Does not Exist. ?

  The SAP error message GJ050, which states "Posting Key & Does not Exist," typically occurs when you are trying to post a transaction using a posting key that is not defined in the system. Posting keys are essential in SAP as they determine the type of transaction being posted (e.g., debit or credit) and the account types that can be used.
  Cause:
  
  Invalid Posting Key: The posting key you are trying to use does not exist in the system. This could be due to a typo or using a posting key that has not been configured.
  Configuration Issues: The posting key may not be defined in the relevant company code or chart of accounts.
  Authorization Issues: The user may not have the necessary authorizations to use the specified posting key.
  System Upgrade or Changes: If there have been recent changes or upgrades to the SAP system, some posting keys may have been removed or altered.
  
  Solution:
  
  Check Posting Key: Verify that the posting key you are using is correct. Ensure there are no typographical errors.
  Review Configuration:
  
  Go to the transaction code OB13 (for defining posting keys) and check if the posting key exists.
  Ensure that the posting key is assigned to the relevant company code and is active.
  
  
  Authorization Check: Ensure that the user has the necessary authorizations to use the posting key. This can be checked with the help of your SAP security team.
  Consult Documentation: If the posting key is supposed to exist, consult the SAP documentation or your system administrator to understand if there have been any changes to the posting keys.
  Use Alternative Posting Key: If the posting key is not available, consider using an alternative posting key that serves the same purpose.
  
  Related Information:
  
  Transaction Codes: 
  
  OB13: To view and maintain posting keys.
  FS00: To check the account master data.
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to posting keys.
  User Roles: Review user roles and authorizations in transaction PFCG to ensure the user has the necessary permissions.
  
  If the issue persists after checking the above points, it may be necessary to involve your SAP Basis or technical team for further investigation.