How To Fix GU701 - Company code & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 701

• Message text: Company code & does not exist

What causes this issue?

The company code you have entered does not exist.

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?

Check your entry. The company code must be created in table T001.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GU701 - Company code & does not exist ?

  The SAP error message GU701 indicates that the specified company code does not exist in the system. This error typically occurs when you are trying to perform a transaction or access data related to a company code that has not been defined or is not active in the SAP system.
  Cause:
  
  Non-existent Company Code: The company code you are trying to use has not been created in the system.
  Inactive Company Code: The company code exists but is not active or has been marked for deletion.
  Incorrect Input: There may be a typographical error in the company code you entered.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code) to verify if the company code exists.
  If it does not exist, you will need to create it.
  
  
  
  Create a Company Code:
  
  If the company code is missing, you can create it using the transaction code OBY6. Ensure you fill in all required fields correctly.
  
  
  
  Check Company Code Status:
  
  If the company code exists but is inactive, you may need to activate it. This can also be done in the configuration settings.
  
  
  
  Verify Input:
  
  Double-check the company code you are entering for any typographical errors.
  
  
  
  Authorization Check:
  
  Ensure that your user profile has the necessary authorizations to access the company code. You may need to contact your SAP security administrator for assistance.
  
  
  
  Consult Documentation:
  
  If you are unsure about the steps, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OBY6: Define Company Code
  SPRO: Access the SAP Reference IMG for configuration settings.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or additional troubleshooting steps related to this error message.
  
  
  User Roles: Ensure that the user roles assigned to you include access to the relevant company codes.
  
  
  By following these steps, you should be able to resolve the GU701 error and successfully access or perform transactions related to the desired company code.