How To Fix GPSC003 - Venture with company code &1 and joint venture name &2 not available

SAP Error Message - Details

• Message type: E = Error

• Message class: GPSC - PSC Application

• Message number: 003

• Message text: Venture with company code &1 and joint venture name &2 not available

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GPSC003 - Venture with company code &1 and joint venture name &2 not available ?

  The SAP error message GPSC003 indicates that a specific joint venture (JV) is not available for the specified company code. This error typically arises in the context of joint venture accounting within SAP, where the system is unable to find the joint venture configuration or data for the given parameters.
  Cause:
  
  Missing Joint Venture Configuration: The joint venture specified in the error message may not be set up in the system for the given company code.
  Incorrect Company Code or Joint Venture Name: There may be a typo or incorrect entry in the company code or joint venture name.
  Inactive Joint Venture: The joint venture might be inactive or not available for the specified period.
  Authorization Issues: The user may not have the necessary authorizations to access the joint venture data.
  
  Solution:
  
  
  Check Joint Venture Configuration:
  
  Navigate to the configuration settings for joint ventures in SAP (usually found in the IMG under Financial Accounting or Joint Venture Accounting).
  Ensure that the joint venture is properly configured for the specified company code.
  
  
  
  Verify Company Code and Joint Venture Name:
  
  Double-check the entries for the company code and joint venture name to ensure they are correct.
  Look for any discrepancies or typos.
  
  
  
  Check Joint Venture Status:
  
  Ensure that the joint venture is active and available for the relevant accounting periods.
  If the joint venture is inactive, you may need to activate it or create a new one.
  
  
  
  Review User Authorizations:
  
  Check if the user has the necessary authorizations to access the joint venture data.
  If not, work with your SAP security team to grant the required permissions.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on joint venture setup and troubleshooting.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OJVC (to maintain joint ventures) or S_ALR_87012086 (to display joint venture reports) to investigate further.
  SAP Notes: Check for any relevant SAP Notes that might address known issues or provide patches related to joint venture accounting.
  User Forums: Engage with SAP community forums or user groups for shared experiences and solutions from other users facing similar issues.
  
  By following these steps, you should be able to identify and resolve the cause of the GPSC003 error message in SAP.