How To Fix GU701 - Company code & does not exist

GU701 - Overview

• 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