How To Fix GK200 - No ledger assigned to cons group &1 for year &2

GK200 - Overview

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 200

• Message text: No ledger assigned to cons group &1 for year &2

What causes this issue?

No ledger is assigned to cons group &V1& for the year &V2&. You need to
assign a ledger in order to continue processing.

System Response

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

How to fix this error?

Assign a ledger to cons gorup &V1& for the year &V2& in Consolidation
Customizing.
In this assignment, the year is an "effective-of" year. It therefore
applies until a new assignment is made.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

GK200 - Details

• The SAP error message GK200 "No ledger assigned to cons group &1 for year &2" typically occurs in the context of the SAP General Ledger (G/L) accounting module, particularly when dealing with consolidation processes. This error indicates that there is no ledger assigned to the specified consolidation group for the given fiscal year.
  
  Cause:
  
  Missing Configuration: The most common cause of this error is that the consolidation group specified in the error message does not have a ledger assigned to it in the system configuration.
  Incorrect Fiscal Year: The fiscal year specified may not have been properly set up or may not exist in the system.
  Data Entry Errors: There may be a typo or incorrect entry in the consolidation group or fiscal year fields.
  
  
  Solution:
  To resolve the GK200 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP transaction code OB22 (or the relevant configuration transaction for your version).
  Navigate to the section where you