How To Fix KT003 - Chart of accounts & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 003

• Message text: Chart of accounts & does not exist

What causes this issue?

The chart of accounts entered does not exist.

System Response

The SAP System can only continue processing after you have entered an
existing chart of accounts.

How to fix this error?

Check your entries, or create the required chart of accounts

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT003 - Chart of accounts & does not exist ?

  The SAP error message KT003, which states "Chart of accounts & does not exist," typically occurs when the system cannot find the specified chart of accounts in the configuration. This can happen in various scenarios, such as during the creation of a new company code, when trying to post transactions, or when generating reports.
  Causes:
  
  Incorrect Chart of Accounts: The chart of accounts specified in the transaction does not exist in the system.
  Configuration Issues: The chart of accounts may not have been properly configured or assigned to the company code.
  Data Entry Errors: There may be a typographical error in the chart of accounts code entered in the transaction.
  Missing Authorization: The user may not have the necessary authorizations to access the specified chart of accounts.
  
  Solutions:
  
  
  Verify Chart of Accounts:
  
  Check if the chart of accounts code entered is correct. Ensure there are no typos or incorrect characters.
  Use transaction code OB13 to view the list of available charts of accounts and confirm that the specified one exists.
  
  
  
  Assign Chart of Accounts to Company Code:
  
  If the chart of accounts exists but is not assigned to the company code, you need to assign it. This can be done using transaction code OBY6.
  Ensure that the chart of accounts is linked to the relevant company code.
  
  
  
  Create a New Chart of Accounts:
  
  If the chart of accounts does not exist, you may need to create a new one using transaction code OBD4. Follow the necessary steps to define the chart of accounts.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the chart of accounts. This can be checked with the help of your SAP security team.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be required for your organization.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB13: Display Chart of Accounts
  OBY6: Assign Chart of Accounts to Company Code
  OBD4: Create Chart of Accounts
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  Support: If the issue persists after trying the above solutions, consider reaching out to your SAP support team or consulting the SAP Community for further assistance.
  
  
  By following these steps, you should be able to resolve the KT003 error and ensure that the chart of accounts is correctly configured in your SAP system.