How To Fix GJ166 - Inter-venture balance account not defined for company &

GJ166 - Overview

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 166

• Message text: Inter-venture balance account not defined for company &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message GJ166 - Inter-venture balance account not defined for company & ?

  The SAP error message GJ166, which states "Inter-venture balance account not defined for company &," typically occurs in the context of SAP's Joint Venture Accounting (JVA) module. This error indicates that the system is unable to find a defined inter-venture balance account for the specified company code in the configuration settings.
  
  Cause:
  The primary cause of this error is that the inter-venture balance account has not been set up in the system for the specified company code. This account is necessary for recording transactions between different ventures or joint ventures within the same company code.
  
  Solution:
  To resolve this error, you need to define the inter-venture balance account for the relevant company code. Here are the steps to do this:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting -> General Ledger Accounting -> Business Transactions -> Joint Venture Accounting -> Define