How To Fix GJ118 - JV object type is required by JV parameters for company &

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 118

• Message text: JV object type is required by JV parameters for company &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GJ118 - JV object type is required by JV parameters for company & ?

  The SAP error message GJ118 indicates that a Joint Venture (JV) object type is required for the JV parameters in the specified company code. This error typically arises in the context of Joint Venture accounting, where specific configurations and parameters must be set up correctly for transactions to be processed.
  Cause:
  
  Missing Configuration: The JV object type may not be configured for the specified company code in the system.
  Incorrect Parameters: The JV parameters for the company code may not have been set up correctly, leading to the requirement for a JV object type not being met.
  Data Entry Error: There may be an error in the data entry where the JV object type is not specified or is incorrectly specified.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for Joint Venture accounting in SAP.
  Ensure that the JV object type is defined for the company code in question.
  You can check this in the following path: 
  
  SPRO > Financial Accounting > Joint Venture Accounting > Basic Settings > Define JV Object Types.
  
  
  
  
  
  Review JV Parameters:
  
  Verify the JV parameters for the company code to ensure that they are correctly set up.
  You can check this in the following path:
  
  SPRO > Financial Accounting > Joint Venture Accounting > Basic Settings > Define JV Parameters.
  
  
  
  
  
  Data Entry Validation:
  
  Ensure that when entering data related to Joint Venture transactions, the correct JV object type is specified.
  Double-check the transaction or document that triggered the error for any missing or incorrect information.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Joint Venture accounting for additional guidance on required configurations and parameters.
  
  
  
  Contact Support:
  
  If the issue persists after checking the configurations and parameters, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OJVC (for JV object types) and OJVP (for JV parameters).
  SAP Notes: Check SAP Notes for any known issues or patches related to Joint Venture accounting that might address this error.
  User Roles: Ensure that the user has the necessary authorizations to access and modify JV configurations.
  
  By following these steps, you should be able to resolve the GJ118 error and ensure that the necessary JV object types are correctly configured for your company code.