How To Fix GPSC116 - Version &1 must exist in ledger &2 or &3

SAP Error Message - Details

• Message type: E = Error

• Message class: GPSC - PSC Application

• Message number: 116

• Message text: Version &1 must exist in ledger &2 or &3

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 GPSC116 - Version &1 must exist in ledger &2 or &3 ?

  The SAP error message GPSC116 indicates that a specific version (denoted as &1) must exist in one of the specified ledgers (denoted as &2 or &3). This error typically arises in the context of SAP's General Ledger Accounting or in the context of planning and controlling modules, where different versions of data are maintained for various purposes (e.g., actuals, forecasts, budgets).
  Cause:
  
  Missing Version: The version specified in the error message does not exist in either of the ledgers mentioned. This could happen if the version was not created or was deleted.
  Incorrect Configuration: The system may not be properly configured to recognize the version in the specified ledgers.
  Data Migration Issues: If data was migrated from another system or if there were changes in the configuration, the version might not have been transferred correctly.
  
  Solution:
  
  
  Check Version Existence:
  
  Go to the relevant transaction in SAP (e.g., transaction code OB37 for version management) and verify if the version &1 exists in the ledgers &2 and &3.
  If it does not exist, you may need to create it.
  
  
  
  Create the Version:
  
  If the version is missing, you can create it using the appropriate transaction code (e.g., OB37 for version management).
  Ensure that you assign the version to the correct ledger.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the ledgers and versions to ensure they are set up correctly.
  Make sure that the version is assigned to the correct company code and fiscal year.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to version management and ledger configuration for additional guidance.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB37 (for version management), OBY6 (for ledger settings), and S_ALR_87012357 (for financial statements).
  SAP Notes: Search for SAP Notes related to GPSC116 for any patches or updates that may address this issue.
  User Roles: Ensure that you have the necessary authorizations to create or modify versions and ledgers in the system.
  
  By following these steps, you should be able to identify the cause of the GPSC116 error and implement a solution to resolve it.