How To Fix GU294 - Account & not created in company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 294

• Message text: Account & not created in company code &

What causes this issue?

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

System Response

Clearing cannot take place.

How to fix this error?

Enter a clearing account that is valid for all affected company codes.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GU294 - Account & not created in company code & ?

  The SAP error message GU294 indicates that an account has not been created in the specified company code. This error typically arises when you attempt to post a transaction that requires a specific general ledger (G/L) account, but that account has not been set up in the system for the relevant company code.
  Cause:
  
  Missing G/L Account: The most common cause is that the G/L account you are trying to use has not been created in the specified company code.
  Incorrect Company Code: The account may exist, but it is not assigned to the company code you are working with.
  Account Type Restrictions: The account type may not be appropriate for the transaction you are trying to perform.
  Authorization Issues: Sometimes, the user may not have the necessary permissions to access the account.
  
  Solution:
  
  
  Create the G/L Account:
  
  Navigate to the transaction code FS00 (G/L Account Master Record).
  Check if the account exists for the specified company code. If it does not, create it by entering the necessary details (account number, account type, etc.) and ensure it is assigned to the correct company code.
  
  
  
  Check Company Code Assignment:
  
  If the account exists, verify that it is assigned to the correct company code. You can do this by checking the account details in FS00.
  
  
  
  Review Account Type:
  
  Ensure that the account type is appropriate for the transaction you are trying to post. For example, if you are trying to post a revenue transaction, ensure that the account is set up as a revenue account.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access and post to the G/L account. This may require coordination with your SAP security team.
  
  
  
  Consult Documentation:
  
  If you are unsure about the account setup or the required parameters, consult your organization's SAP documentation or reach out to your SAP support team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FS00: Create/Change G/L Account Master Record
  OBY6: Define Company Code
  OBD2: Assign G/L Accounts to Company Codes
  
  
  
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  
  
  User Roles: Ensure that the user roles and authorizations are correctly set up in the SAP system to avoid similar issues in the future.
  
  
  By following these steps, you should be able to resolve the GU294 error and successfully post your transactions.