How To Fix GU716 - Global company & does not exist

GU716 - Overview

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 716

• Message text: Global company & does not exist

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GU716 - Global company & does not exist ?

  The SAP error message GU716, which states "Global company & does not exist," typically occurs when there is an issue related to the configuration of the global company settings in the SAP system. This error can arise in various contexts, such as during the execution of transactions that involve company codes or when trying to access certain reports or functionalities that require a valid global company configuration.
  
  Cause:
  
  Missing Global Company Configuration: The global company has not been defined in the system.
  Incorrect Company Code Assignment: The company code you are trying to use is not assigned to any global company.
  Data Inconsistency: There may be inconsistencies in the master data or configuration settings related to the global company.
  Authorization Issues: The user may not have the necessary authorizations to access the global company settings.
  
  
  Solution:
  
  
  Check Global Company Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Settings